The demand for a product is given by D(p) = -2p + 100
Calculate the elasticity of demand at $40 (give your answer to three decimal places)
Elasticity=
At what price do you have unit elasticity (round your answer to the nearest penny)?
Price= $
The demand for a product is given by D(p) = -2p + 100
Calculate the elasticity of demand at $40 (give your answer to three decimal places)
Elasticity=
At what price do you have unit elasticity (round your answer to the nearest penny)?
Price= $