Description
Explanation & Answer
Thank you for the opportunity to help you with your question!
[-7/4]p+18
4 [-7/4]p+18*4
-7p=-72
p= 10
thus it is elastic demand since it is graeter than one
Thank you for the opportunity to help you with your question!
[-7/4]p+18
4 [-7/4]p+18*4
-7p=-72
p= 10
thus it is elastic demand since it is graeter than one