The Demand for Tickets Is Given by D(p)= 200,000 -

question 19

Multiple Choice

the demand for tickets is given by D(p) = 200,000 - 10,000p, where p is the price of tickets.If the price of tickets is $8, then the price elasticity of demand for tickets is

• A)-1.33.
• B)-2.
• C)-0.33.
• D)-1.
• E)-0.67.

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Definitions:

Radical Expression

An expression involving roots, such as square roots or cube roots, of numbers.

Calculator

A calculator is an electronic or mechanical device used to perform arithmetic calculations ranging from basic operations like addition and subtraction to complex functions and equations.

Evaluate

To compute the value of a particular expression.

Irrational

A type of number that cannot be expressed as a simple fraction, including numbers like \(\pi\) and \(\sqrt{2}\).