The demand function for a certain make of exercise bicycle sold exclusively through cable television is p=9−0.02x−−−−−−−−√(0≤x≤4
50) where p is the unit price in hundreds of dollars and x is the quantity demanded per week. Compute the elasticity of demand and determine the range of prices corresponding to inelastic, unitary, and elastic demand. Hint: Solve the equation E(p)=1.
1 answer:
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For this case we have the following product:
We must use the distributive property correctly to solve the problem.
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We have then:
Answer:
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option 2
We must use the distributive property correctly to solve the problem.
We have then:
Then, we must add similar terms.
We have then:
Answer:
The final product is given by:
option 2
Answer:
1. Binomial
2. Binomial
3.Polynomial
4. Constant
5.Trinomial
6. Trinomial
Monomial- consists of one term
Binomial- consists of two terms separated by a plus or minus sign
Trinomial- consists of three terms separated by a plus or minus sign
Polynomial- consists of 4+ terms separated by a plus or minus sign
Constant- a number such as 130
