Solved

Find the Elasticity N of the Demand Function D(p)=31+2p2D ( p ) = \frac { 3 } { 1 + 2 p ^ { 2 } }

Question 59

Multiple Choice

Find the elasticity n of the demand function D(p) =31+2p2D ( p ) = \frac { 3 } { 1 + 2 p ^ { 2 } } .


A) n=61+2p2n = - \frac { 6 } { 1 + 2 p ^ { 2 } }
B) n=4p21+2p2n = - \frac { 4 p ^ { 2 } } { 1 + 2 p ^ { 2 } }
C) n = 4p
D) n=4p3n = - 4 p ^ { 3 }

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions