kbmom1735 kbmom1735
  • 25-05-2023
  • Mathematics
contestada

Given the question above, say you are given a demand function: q = 130p-1- 0.2p+5 (c) (i) find the price, p*, at which total revenue is at its maximum. (3) (ii) show that demand is elastic when p>p* and inelastic when p

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