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The Consumer Demand Curve for Tissues Is Given by

Question 24

Multiple Choice

The consumer demand curve for tissues is given by The consumer demand curve for tissues is given by where p is the price per case of tissues and q is the demand in weekly sales. Determine the elasticity of demand E when the price is set at $30. Round the answer to the nearest hundredth. A) 0.65 B) 0.97 C) 0.48 D) 0.01 E) 1.94 where p is the price per case of tissues and q is the demand in weekly sales. Determine the elasticity of demand E when the price is set at $30. Round the answer to the nearest hundredth.


A) 0.65
B) 0.97
C) 0.48
D) 0.01
E) 1.94

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