The demand function for a product is modeled by p = 400 − 4x, 0 ≤ x ≤ 100, where p is the price per unit (in dollars) and x is the number of units. (a) Determine when the demand is elastic and...

The demand function for a product is modeled by

p = 400 − 4x,

0 ≤ x ≤ 100,

wherep is the price per unit (in dollars) andx is the number of units.

(a)

Determine when the demand is elastic and inelastic. (Enter your answer using interval notation. If an answer does not exist, enter DNE.)

elastic demand

inelastic demand

Determine when the demand is of unit elasticity. (Enter your answers as a comma-separated list.)

x =

Jun 05, 2022

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