The current demand for a certain product produced by a company is $12,500$ and the current elasticity of demand is $-1\mathrm{.}6\%.$ If the company will decrease a unit selling price of the product by $1\%,$ what would be the expected demand? $-12,300$

$12,700$

$12,710$

$12,320$

QUESTION $4$

Which of the following is not a property of linear programming problems?

the presence of restrictions

ustimization of some objective

usage of only linear equations and inequalities

all of the above are properties of linear programming

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