# Answer to Question #74290 in Microeconomics for Zulfiqar Ali

Question #74290

Q: 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 ?

Expert's answer

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