Question: [ q ( p ) = 1 0 0 0 0 e ^ { - 0 . 0 1 p } ] Suppose

\[
q(p)=10000 e^{-0.01 p}
\]
Suppose the demand of a product, \(\boldsymbol{q}(\boldsymbol{p})\), is Supposons que la demande d'une defined above. fonction, q(p), est dfinie ci-haut.
1. Compute the elasticity of the demand when the price is \(\$ 260\).
2. Is the demand elastic or inelastic at that price?
3. If the price goes up by \(10\%\), compute the decrease in the demand in \%. SUBMIT THIS ANSWER BELOW with 3 units of precision.
4. If we increase the price, are we going to increase or decrease the revenue?
1. Calculer l'lasticit de la demanded lorsque le prix de vente est 260\$.
2. Est-ce que la demande est lastique ou inlastique.
3. Si le prix de vente augmente de \(10\%\), calculer la diminution de la demande en \%. SOUMETTRE LA RPONSE CI-BAS avec 3 dcimales de prcisions.
4. Si on augmente le prix, est-ce que le revenu va augmenter ou diminuer?
Your Answer:
Answer
\ [ q ( p ) = 1 0 0 0 0 e ^ { - 0 . 0 1 p } \ ]

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