Question 1 Given the demand function D(p) = √/100 - 2p Find the Elasticity of Demand at a price of $6. At this price we would say demand is Inelastic Unitary Elastic Based on this to increase revenue we

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Ggarber asked Sep 15, 2023

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Question 1

Given the demand function D(p) = √/100 - 2p
Find the Elasticity of Demand at a price of $6.
At this price we would say demand is
Inelastic
Unitary
Elastic

Based on this to increase revenue we should
Lower prices
Keep prices unchanged
Raise prices

Mathematics
college

Ggarber asked Sep 15, 2023

by Ggarber

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Answer:

At this price, i would say the demand is: Unitary Inelastic Elastic Based on this, to increase revenue we should: Lower Prices Raise Prices Keep Prices

Andrewdski answered Sep 19, 2023

by Andrewdski

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