Wednesday
August 20, 2014

Homework Help: Evaluating elasticity

Posted by Miranda on Saturday, March 14, 2009 at 3:46pm.

The demand function for a certain item is x = 35(sqrt(32-p^2))
---Evaluate the elasticity at 5. E(5)=
I don't know how to find elasticity, so i don't know how to start this problem. If someone could explain elasticity i think that i could figure it out.

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