subject
Mathematics, 24.04.2020 18:23 hawszanderpelv2v

Suppose that a demand function is linear, that is, q = m - np for 0 lessthanorequalto m/n where m and n are positive constants. Show that E = 1 at the midpoint of the demand curve on the interval 0 lessthanorequalto p lessthanorequalto m/n, that is, at p = m/(2n). Select the correct formula for Elasticity E. E= -p + dq/dp E=- q/p + + dq/dp E=-p/q + + dq/dp E=p/q + + dq/dp Take the derivative of q in terms of p for q = m - np. Use q = m - np, p = m/(2n), and the value for dq/dp to rewrite the formula for dq/dp in terms of n and m only. E = -p/q + dq/dp Simplify the expression in the previous step.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
In the pendulum formula t=2pi. read the problem on the picture ! ; $; $; ! ; ! ; ! ; )$; ! ; ! ; ! ; $; $; $! ; ! ; ); $; $$
Answers: 1
question
Mathematics, 21.06.2019 19:30
1. find the area of the unshaded square 2. find the area of the large square 3. what is the area of the frame represented by the shaded region show
Answers: 1
question
Mathematics, 21.06.2019 19:30
Asap! i'm not good math and i'm lost.
Answers: 2
question
Mathematics, 21.06.2019 21:40
Aphrase is shown read the phrase and give me the answer
Answers: 1
You know the right answer?
Suppose that a demand function is linear, that is, q = m - np for 0 lessthanorequalto m/n where m an...
Questions
question
English, 28.05.2021 15:00
question
Mathematics, 28.05.2021 15:10
question
Mathematics, 28.05.2021 15:10
Questions on the website: 13722360