Posted by
**Ben** 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?