Answer to Question #74220 in Microeconomics for zulfiqar

Question #74220
Given the demand equation Q = 12,000 - 10P^2. a). For this equation, write the expression for the point price elasticity of demand as a function of P. b). Over what range of prices is the demand inelastic ?
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Expert's answer
2018-03-06T09:41:08-0500
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