Use the Price-Demand Equation to Find the Values of P

question 49

Multiple Choice

Use the price-demand equation to find the values of p which meet the given condition of elasticity.
- determine the values of p for which demand is elastic and the values of p for which demand is inelastic..

• A) Elastic on (6, 108), inelastic on (0, 6)
• B) inelastic on (0, 6)
• D) Elastic on (0, 6), inelastic on (6, 108)

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