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  2. Topic
    Mathematics
  3. Study Set
    College Algebra
  4. Exam
    Exam 10: Further Applications of the Derivative
  5. Question
    P Is in Dollars and Q Is the Number of Units
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P Is in Dollars and Q Is the Number of Units

Question 2

Question 2

Multiple Choice

p is in dollars and q is the number of units. Find the elasticity of the demand function 5p+4q=1525 p + 4 q = 1525p+4q=152 at the price p=$30p = \$ 30p=$30 .


A) -75.00
B) 1.00
C) 75.00
D) -1.25
E) 1.25

Correct Answer:

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