For the demand function given, find the elasticity at the given price and state whether the demand is elastic, inelastic, or whether it has unit elasticity. 21) q= D(x) = 800 - 5x; x = 83 A) 77 83 ; inelastic B) 83 77' elastic 077 inelastic D) 385; elastic 21)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section4.6: Variation
Problem 8E
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For the demand function given, find the elasticity at the given price and state whether the demand is elastic, inelastic,
or whether it has unit elasticity.
21) q= D(x) = 800 - 5x; x = 83
A)
77
-; inelastic
83
83
B); elastic
C); inelastic
D) 385; elastic
21)
Transcribed Image Text:For the demand function given, find the elasticity at the given price and state whether the demand is elastic, inelastic, or whether it has unit elasticity. 21) q= D(x) = 800 - 5x; x = 83 A) 77 -; inelastic 83 83 B); elastic C); inelastic D) 385; elastic 21)
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