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Solve the problem.
-The formula for the area of a parallelogram is A = bh. If the base measures 29 inches, the area is a function of the altitude, h. Write the function in function notation where the base is 29. Determine the area of the parallelogram
When the altitude is 30 inches.
Quantity Demanded
The specific amount of a product that consumers are willing and able to buy at a certain price at a given time.
Price
The sum of money anticipated, needed, or provided as payment for an item.
Demand Curve
A graphical representation that shows the relationship between the price of a product and the quantity of the product demanded.
Price Elasticity
A measure of how much the quantity demanded of a good responds to a change in the price of that good, signifying the relative change in demand due to price changes.
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