posted by Steff on .
18) The demand equation is x + 1/6p - 10+0.
Compute the elasticity of demand and determine whether the demand is elastic, unitary, or inelastic at p=50.
a) 5; elastic
b) 1/9; inelastic
c) 7/6; elastic
d) 6; elastic
I choose answer A. Is that correct?