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

question 74

Short Answer

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 . Is the demand elastic or inelastic when ? __________
​Is the demand elastic or inelastic when ? __________
​When is demand unitary? If it is necessary round the answer to two decimal places.