An electronic store can sell q 7 000 p 43 38 cellular phones

Last updated: 9/17/2023

An electronic store can sell q 7 000 p 43 38 cellular phones at a price p dollars per phone The current price is 106 a Is demand elastic or inelastic at p 106 b If the price is lowered slightly will revenue increase or decrease a Is the demand elastic or inelastic at p 106 Type an integer or a decimal rounded to three decimal places as needed OA Inelastic because E p OB Elastic because E p OC Elastic because E p OD Inelastic because E p when p 106 which is greater than 1 when p 106 which is greater than 1 when p 106 which is less than 1 when p 106 which is less than 1