Question

The demand for a product is D(x)=75-0.3x where x is the price in dollars. At a...

The demand for a product is D(x)=75-0.3x where x is the price in dollars.

At a price of $100, what is the elasticity of demand and explain whether it is elastic or inelastic?

Determine the prices for which the demand is elastic?

Find the maximum revenue?

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