Thursday

December 18, 2014

December 18, 2014

Posted by **jacob** on Monday, December 3, 2012 at 8:53pm.

a. Find the elasticity of demand for the stereos using implicit differentiation.

b. For a unit price of p = 4 ($400), is the demand elastic, inelastic, or of unit elasticity?

c. Find the number of stereo sets that will maximize revenue (prove your answer).

**Answer this Question**

**Related Questions**

Calculus - When an electronics store prices a certain brand of stereos at p ...

Math - An appliance store sells three brands of TV sets, brands A, B, and C. The...

Math - FeatureShop sells 80 stereos per month at a cost of $600 each. The ...

ALGEBRA - The profit made from the sale of tiles is found by subtracting the ...

math - The sales team at an electronics store sold 48 computers last month. The ...

calculus - the telephone company is planning to introduce two new types of ...

calculus - The demand function for a product is given by p = 10,000(1 − (5...

math calculus - The demand function for a product is given by p = 10,000(1 &#...

statistics - Use Bayes' theorem to solve this problem. A storeowner purchases ...

statistics - Use Bayes' theorem to solve this problem. A storeowner purchases ...