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Author Question: A beverage company works out a demand function for its sale of soda and finds it to beq = D(x) = ... (Read 123 times)

saliriagwu

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A beverage company works out a demand function for its sale of soda and finds it to be 

 q = D(x) = 3900 - 29x

where q = the quantity of sodas sold when the price per can, in cents, is x.  At what price, x, is the elasticity of demand inelastic?
◦ For x < 67 cents
◦ For x > 56,550 cents
◦ For x < 134 cents
◦ For x > 269 cents


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Marked as best answer by saliriagwu on Jun 16, 2021

asdfghjkl;

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saliriagwu

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Reply 2 on: Jun 16, 2021
Great answer, keep it coming :)


Sarahjh

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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