Q497
Given the demand function q = 20 p, where p = price of product and q = quantity of product, the elasticity of demand at p = 10 would be
Given the demand function where p = price of product and q = quantity of product, the elasticity of demand at p = 10 would be
A.
0
B.
-1
AnswerC.
-2
D.
∞
Answer: Option B
Solution
Answer: Option B
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