Question: Hello! Could you please how to solve this question? The question is in the attached pictures. The demand and supply curves are: {Qd = 144
Hello! Could you please how to solve this question? The question is in the attached pictures.


The demand and supply curves are: {Qd = 144 P2 ; Q5 = 10 X P} , Where P is the price, and Qd and Q5 are quantity demanded and quantity supplied (See note (How to differentiate polynomials) at the end of this assignment). a) Find the inverse demand curve. b) Plot the demand and supply curve. c) Find the equilibrium price and equilibrium quantity. (:1) Express the price elasticity of demand as a function of the price. e) Find the price elasticity of demand at the market equilibrium. 1) Is demand elasticity, unit elastic or inelastic at the market equilibrium?
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