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

question 8

Multiple Choice

The demand for drangles is given by D(p) = (p + 1) ^-2, where p is the price of drangles.If the price of drangles is $20, then the price elasticity of demand for drangles is

• A)-7.62.
• B)-3.81
• C)-5.71.
• D)-3.81.
• E)-1.90.

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