The Demand Function for Drangles Is Given by D(p)= (P

question 15

Multiple Choice

the demand function for drangles is given by D(p) = (p + 1) ^-2.If the price of drangles is $8, then the price elasticity of demand is

• A)-3.56.
• B)-5.33.
• C)-0.89.
• D)-7.11.
• E)-1.78.

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