Mathematics, 18.12.2019 06:31 bossybaby12
Afried chicken franchise finds that the demand equation for its new roast chicken product, "roasted rooster," is given by p = 45 / q 1.5
where p is the price (in dollars) per quarter-chicken serving and q is the number of quarter-chicken servings that can be sold per hour at this price.
1) express q as a function of p.
2) find the price elasticity of demand when the price is set at $4.00 per serving.
Answers: 3
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Afried chicken franchise finds that the demand equation for its new roast chicken product, "roasted...
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