Question: For a particular commodity, the demand function is q=300-15p. a. Find E when p=5 b. Is demand elastic, inelastic, or unit elastic? For a particular

For a particular commodity, the demand function is q=300-15p.

a. Find E when p=5

b. Is demand elastic, inelastic, or unit elastic?

For a particular commodity, the demand function is q=4000/cubed root over p5power

a. Find E when p=8.

E=____

b. Is demand elastic, inelastic, or unit elastic?

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