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Suppose the demand for a product is given by 2p^3q = 500,000+500p^2 where p is price...

Suppose the demand for a product is given by 2p^3q = 500,000+500p^2 where p is price in dollars

and q is the number of units sold..

a. Find the price elasticity of demand when p =$50.

Math   Calculus   
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