Solved: Suppose the demand for a product is given by dp -7p185, Mathematics

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Suppose the demand for a product is given by dp -7p185

1. Suppose the demand for a product is given by D(p)= -7p+185.

Calculate the elasticity of demand at a price of $11. (Give your answer to three decimal places.)

At what price do you have unit elasticity? (Round your answer to the nearest penny.)

2. Given the demand function D(p)=√250-3p

Find the Elasticity of Demand at a price of $44.

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Mathematics: Suppose the demand for a product is given by dp -7p185

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Mathematics: Suppose the demand for a product is given by dp -7p185

Reference No:- TGS01514009

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