Show that the demand function D(p) = a/p b , where a and b are positive real
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Show that the demand function D(p) = a/pb, where a and b are positive real numbers, has a constant elasticity for all positive prices.
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Related Book For
Calculus Early Transcendentals
ISBN: 978-0321947345
2nd edition
Authors: William L. Briggs, Lyle Cochran, Bernard Gillett
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