Question: The price - demand equation is given by x + p = 6 0 0 0 0 . a . Write demand as a function
The pricedemand equation is given by
a Write demand as a function of price.
b Find the elasticity of demand at a price of $ rounded to decimal places.
c If the price increases from a price of $ what is the approximate percentage decrease in
demand? Round to decimal places.
decrease
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