p is in dollars and q is the number of units. Suppose that the demand for a product is given by . Find the elasticity when and . Round your answer to four decimal places.
A)1.0000
B)0.0040
C)0.0049
D)0.0138
E)0.2011

Question

p is in dollars and q is the number of units. Suppose that the demand for a product is given by  . Find the elasticity when  and  . Round your answer to four decimal places. ​
A)1.0000 
B)0.0040 
C)0.0049 
D)0.0138 
E)0.2011

Quizplus · Accepted Answer

The Answer of p is in dollars and q is the number of units. Suppose that the demand for a product is given by  . Find the elasticity when  and  . Round your answer to four decimal places. ​
A)1.0000 
B)0.0040 
C)0.0049 
D)0.0138 
E)0.2011

P Is in Dollars and Q Is the Number of Units