Question: Given the demand function is = l'e. Determine whether demand is elastic. inelastic. or has unit elasticity for q = 825. a} When g =


Given the demand function is = l'e. Determine whether demand is elastic. inelastic. or has unit elasticity for q = 825. a} When g = 825, 1r} 2 1.43 and demand is inelastic. b) When g : 825. 1r} : 4191 and demand is inelastic. c) When g = 825, t} = 4191 and demand is elastic. d) When g = 825. 1r} 2 1.43 and demand is elastic
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