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Author Question: An electronics store determines the following demand function for phones of a particular typewhere q ... (Read 74 times)

Marty

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Question 1

An electronics store determines the following demand function for phones of a particular type

 

where q = the number of phones sold per day when the price per phone is x dollars.  Find the elasticity.
◦ E(x) = 
◦ E(x) = 
◦ E(x) = 
◦ E(x) = 

Question 2

An electronics store determines the following demand function for phones of a particular type

 

where q = the number of phones sold per day when the price per phone is x dollars.  Find the elasticity when  per phone.
◦ E(x) = 0.6
◦ E(x) = 1.54
◦ E(x) = 0.96
◦ E(x) = 0.44


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Marked as best answer by Marty on Jun 16, 2021

frogdreck123456

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Marty

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


shailee

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Reply 3 on: Yesterday
Gracias!

 

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