# 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 ?

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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