Submit Answer 1 Points DETAILS Math 110 Course Resources

Last updated: 2/16/2024

Submit Answer 1 Points DETAILS Math 110 Course Resources Marginal Analysis Elasticity Course Packet on elasticity of demand and finding the unitary price point Given the demand equation x 40 0 where p represents the price in dollars and x the number of units determine the value of p where the elasticity of der 5 Price p dollars This is the price at which total revenue is O minimized