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schoolبكالوريوس
event_available2026-07-13
السؤال
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1.
3/9 points | Previous Answers HarMathAp11 11.5.011.
The demand function for specialty steel products is given, where p is in dollars and q is the number of units.
p = 180/115-q
(a) Find the elasticity of demand as a function of the quantity demanded, q.
n =
345-3q
q
(b) Find the point at which the demand is of unitary elasticity.
q =
Text
Find intervals in which the demand is inelastic and in which it is elastic. (Enter your answers using interval notation.)
inelastic
elastic
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(c) Use information about elasticity in part (b) to decide where the revenue is increasing, and where it is decreasing. (Enter your answers using interval notation.)
increasing
decreasing
Use information about elasticity in part (b) to decide where the revenue is maximized.
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