At what prices is the demand elastic in what price


Consider a market given by the following demand and supply equations:

Qd-10-P

P=Q+2

a) At what prices is the demand elastic?

b) In what price interval is the demand inelastic?

c) How does revenue change from the elastic to the inelastic zone of the demand?

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Business Economics: At what prices is the demand elastic in what price
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