Sunday

March 29, 2015

March 29, 2015

Posted by **Steff** on Wednesday, June 15, 2011 at 1:10pm.

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?

**Answer this Question**

**Related Questions**

calculus - 18) The demand equation is x + 1/6p - 10+0. Compute the elasticity of...

Calculus - For the following demand equation compute the elasticity of demand ...

Math - For the following demand equation compute the elasticity of demand and ...

Ecconomics - Price elasticity of demand.Tell whether is elastic,perfectly ...

Economics - The question is, what is the for Math formula to show rather the ...

Mircoeconomics: Elasticity - Please help! I have a mid-term test in a couple of ...

home economics - Suppose that 200 gallons of gasoline are demanded at a ...

Math - Limits/Derivatives - If a price-demand equation is solved for p, then ...

economics - Identify three goods each for which your demand is (a) elastic or (b...

Microeconomics - Suppose you are a painter, and the price of a gallon of paint ...