Question: 8.The demand for a product is given by q = 35 - 0.6p, where p is in dollars and q is the number of units.
8.The demand for a product is given by q = 35 - 0.6p, where p is in dollars and q is the number of units.
a.Find the elasticity of demand function.
b.Find the the price and quantity that yields unitary elasticity.
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