Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing


  • 3 years ago

The number of flashlights demanded at price p, is given by q=400-〖2p〗^2 (for 0≤p≤14). a)Determine the equation for revenue. b)What is the revenue when the price is $10. c)What is the elasticity of demand when the price is $13? IS the demand elastic, inelastic or of unit elasticity when the price is $13?

  • This Question is Closed

    Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy