In Problem 5, the Demand Function for Drangles Is Given

question 19

Multiple Choice

In Problem 5, the demand function for drangles is given by D(p) = (p + 1) ^-2. If the price of drangles is $4, then the price elasticity of demand is

• A) -0.80.
• B) -6.40.
• C) -3.20.
• D) -4.80.
• E) -1.60.

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