Essay
The quantity demanded each week x (in units of a hundred) of the Mikado miniature camera is related to the unit price p (in dollars) by the demand equation .
Is the demand elastic or inelastic when ?
__________
Is the demand elastic or inelastic when ?
__________
When is demand unitary? If it is necessary round the answer to two decimal places.
Hint: Solve for p.
__________
If the unit price is lowered slightly from $17, will the revenue increase or decrease?
__________
If the unit price is increased slightly from $22, will the revenue increase or decrease?
__________
Correct Answer:

Verified
Correct Answer:
Verified
Q67: Find the derivative of the function. <img
Q68: A certain country's government economists have determined
Q69: Find the first and second derivatives of
Q70: Find the derivative of the function. <img
Q71: Find the differential of the function. <img
Q73: The population of Americans age 55 yr
Q74: A hemisphere-shaped dome of radius 40 ft
Q75: Find the limit by evaluating the derivative
Q76: Find <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6026/.jpg" alt="Find by
Q77: Find the derivative of the function. <img