Business, 01.05.2021 17:50 kmwilliams9019
Use the price-demand equation below to find the values of p for which demand is elastic and the values for which demand in inelastic.
Assume that price and demand are both positive.
x=f(p) =385-35p
Demand is elastic for all values of p in the interval (?,?).
(Type your answer in interval notation)
Demand is inelastic for all values of p in the interval (?,?)
(Type your answer in interval notation.)
Answers: 2
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