Question: For the demand functionD(p) = 40 - .2p A. formulate the elasticity of demand B. find the elasticity when p = $ 30AND interpret the

  1. For the demand functionD(p) = 40 - .2p

A. formulate the elasticity of demand

B. find the elasticity when p = $ 30AND interpret the result.

C. What is the maximum price that could be charged?

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