Question: The demand for a product is given by p = 90 10q. Find the ratio if the price changes from p = 50 to

The demand for a product is given by p = 90 − 10q. Find the ratio

Relative change in demand | Relative change in price

if the price changes from p = 50 to p = 51. Interpret this ratio.

Relative change in demand | Relative change in price

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