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Mathematics, 08.07.2020 19:01 amcdonald009

A garden shop determines the demand function q equals Upper D (x )equals StartFraction 2 x plus 500 Over 20 x plus 9 EndFraction during early summer for tomato plants where q is the number of plants sold per day when the price is x dollars per plant. (a) Find the elasticity. (b) Find the elasticity when xequals4. (c) At $4 per plant, will a small increase in price cause the total revenue to increase or decrease?

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A garden shop determines the demand function q equals Upper D (x )equals StartFraction 2 x plus 500...
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