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Mathematics, 30.03.2020 23:40 wwall7

CALCULUS:

Recall that the elasticity of demand is defined by;

E(p) =

Let the demand equation be given by;

f(p)=

1. FIND E(p) and the compute E(3)
2. If E(p)=1 , what would this mean for the demand of the function?

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Answers: 3

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CALCULUS:

Recall that the elasticity of demand is defined by;

E(p) =
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