The Quantity Demanded Each Week X (In Units of a Hundred)

question 304

Multiple Choice

The quantity demanded each week x (in units of a hundred) of the Mikado miniature camera is related to the unit price p (in dollars) by the demand equation . ​ When is demand unitary?
Hint: Solve E(p) =1 for p.

• A) p=51.38
• B) p=26.67
• C) p= 59.19
• D) p= 61.07

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