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Demand for a new video game, in hundreds, is D(p)=-1.6p^2+100p+50. Find the elasticity of demand for p=$15 and p=$50 and interpret your answer. Calculus
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what the monkey is "elasticity of demand"??
% change in demand/ % change in price
the derivative?
picture in wikki suggests it is the slope of the normal line, does that sound right?
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no im not really sure
i am watching a youtube video
oh i see you need to compare the two changes
oooh learn something new every day
this is two separate questions right? one for \(p=15\) and another for \(p=50\)
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looks like it is \(D'(p)\times \frac{p}{D(p)}\)
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