The equation for a demand curve is p 48 ndash 3q calculate


The equation for a demand curve is P = 48 – 3Q. Calculate the elasticity when moving from a quantity of 5 to a quantity of 6? Show your work. Based on your answer, is this segment of the demand curve elastic or inelastic?

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Business Economics: The equation for a demand curve is p 48 ndash 3q calculate
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