Suppose that the inverse demand curve for energy drinks can be expressed as . The price elasticity of demand at a quantity of 25 is:
A) -0.5.
B) 0.5.
C) -2.
D) 2.

Question

Suppose that the inverse demand curve for energy drinks can be expressed as  . The price elasticity of demand at a quantity of 25 is:
A) -0.5. 
B) 0.5. 
C) -2. 
D) 2.

Quizplus · Accepted Answer

The Answer of Suppose that the inverse demand curve for energy drinks can be expressed as  . The price elasticity of demand at a quantity of 25 is:
A) -0.5. 
B) 0.5. 
C) -2. 
D) 2.

Suppose That the Inverse Demand Curve for Energy Drinks Can