Question: In Problem, use the demand equation to find the revenue function. Sketch the graph of the revenue function, and indicate the regions of inelastic and
In Problem, use the demand equation to find the revenue function. Sketch the graph of the revenue function, and indicate the regions of inelastic and elastic demand on the graph.
x = f(p) = 30 - 5√p
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x fp 30 5p 0 implies 0 p 36 30 5 p 0 or p 6 ... View full answer
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