The Demand for Train Sets Can Be Modeled as

question 18

Multiple Choice

The demand for train sets can be modeled as train sets where p is the price (in dollars) of a train set. Find the point of unit elasticity.

• A) $5.58 per train set
• B) $1.60 per train set
• C) $29.38 per train set
• D) $67.66 per train set
• E) $2.42 per train set

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Definitions:

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