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Suppose a Manufacturer Can Sell Q = 1000(p+2)2\frac { 1000 } { ( p + 2 ) ^ { 2 } }

Question 41

Short Answer

Suppose a manufacturer can sell q = 1000(p+2)2\frac { 1000 } { ( p + 2 ) ^ { 2 } } - 6 units of a product when the price is p dollars per unit. Determine the elasticity of demand, E(p), when the price is p = 8 dollars.
Enter just an integer.

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