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QUESTION
P is in dollars and q is the number of units. Find the elasticity of the demand function 4p+3q=143 at the price p= $10. Round answer to two decimal
P is in dollars and q is the number of units. Find the elasticity of the demand function 4p+3q=143 at the price p= $10. Round answer to two decimal place. A. What is the elasticity when p= 10?B. What type of elasticity is this?C. How would a price increase affect revenue?
