Answer: d = 40 - 5/2t; 1995
Hope it helps :)
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.
Answer:
Step-by-step explanation:
Cost of a Road Trip Jesse's car gets 30 miles per gallon of gas. (a) If Las Vegas is 285 miles away, how many gallons of gas are needed to get there and then home? (b) If gas is $3.09 per gallon, what is the total cost of the gas for the trip.
Step-by-step explanation:
I'm guessing this is competing the perfect square
so it's 56