Find the Following Product and Express Answer in Simplest Radical $( \sqrt { 3 } + 7 ) ( \sqrt { 3 } - 7 )$

question 38

Short Answer

Find the following product and express answer in simplest radical form. All variables represent nonnegative real numbers. $( \sqrt { 3 } + 7 ) ( \sqrt { 3 } - 7 )$

Predict the effects of price changes on total revenue and expenditures, given the elasticity of demand.

Understand the concept of price elasticity of supply.

Analyze the impacts of supply and demand elasticity on market equilibrium.

Determine the role of substitutes and complements in affecting demand.