The quantity demanded each week x (in units of a hundred) of the Mikado miniature camera is related to the unit price p (in dollars) by the demand equation . Is the demand elastic or inelastic when ? __________
Is the demand elastic or inelastic when ? __________
When is demand unitary? If it is necessary round the answer to two decimal places.

Question

The quantity demanded each week x (in units of a hundred) of the Mikado miniature camera is related to the unit price p (in dollars) by the demand equation  . Is the demand elastic or inelastic when  ? __________
​Is the demand elastic or inelastic when  ? __________
​When is demand unitary? If it is necessary round the answer to two decimal places.

Quizplus · Accepted Answer

The Answer of The quantity demanded each week x (in units of a hundred) of the Mikado miniature camera is related to the unit price p (in dollars) by the demand equation  . Is the demand elastic or inelastic when  ? __________
​Is the demand elastic or inelastic when  ? __________
​When is demand unitary? If it is necessary round the answer to two decimal places.

The Quantity Demanded Each Week X (In Units of a Hundred)