Answer:
Demand is inelastic at p = 9 and therefore revenue will increase with
an increase in price.
Step-by-step explanation:
Given a demand function that gives <em>q</em> in terms of <em>p</em>, the elasticity of demand is

- If E < 1, we say demand is inelastic. In this case, raising prices increases revenue.
- If E > 1, we say demand is elastic. In this case, raising prices decreases revenue.
- If E = 1, we say demand is unitary.
We have the following demand equation
; p = 9
Applying the above definition of elasticity of demand we get:

where
- p = 9
- q =



Substituting the values


Demand is inelastic at p = 9 and therefore revenue will increase with an increase in price.
5(x − 4)^2
5(x - 4)(x - 4)
5(x^2 - 8x + 16)
5x^2 - 40x + 80
Did you follow?
Answer: 125:700
Step-by-step explanation:
This is the ratio
An expression equivalent to that given would be 4^8 or also written as four to the eighth power, hope this helped! Please rate my answers.
Work: 4^8 = 4x4x4x4x4x4x4x4
Answer:
All of the functions required to transform inputs into outputs (goods and ... provide all of the materials and supplies required to create finished products and deliver ... System for determining the right quantity of various items to have on hand
Step-by-step explanation: