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3. (a) Find the elasticity of the demand function p2 + 2p + 4 = 49 at p = 6. (b) How will a price increase affect total revenue?​

3. (a) Find the elasticity of the demand function p2 + 2p + 4 = 49 at p = 6. (b) How will a price increase affect total revenue?​
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3 votes
3. (a) Find the elasticity of the demand function p2 + 2p +

4 = 49 at p = 6.

(b) How will a price increase affect total revenue?​

User Zeppomedio
by
8.5k points

1 Answer

5 votes

Answer:

6^2+12+4=49

36+16=49

52=49

therefore.3

User LizzAlice
by
8.0k points
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