Elasticity of Demand The demand function for a certain brand of backpacks is
P=50 ln(50/x)
where P is the unit price in dollars and X is the quantity (in hundreds) demanded per month.

1) Find the elasticity of demand, and determine the range of prices corresponding to inelastic, unitary, and elastic demand.

2) If the unit price is increased slightly from $50, will the revenue increase or decrease?

it would be:

c.parallelogram.

from the figure we get,

the x axis shows   the months and,

the y-axis shows the number of satisfied customer.

each line or each cell in upward direction (y-axis) shows 500.

the appropriate scale for the y - axis is: -

a = 2000 customers

b = 4000 customers

c = 6000 customers

d = 8000 customers

e = 10000 customers

f = 12000 customers

g = 14000 customers

75

step-by-step explanation:

you do x-29=46 (the number of cantaloupes sold)

in order to find x, you have to find what minus 29 equals 46, meaning you'd have to add 29 to 46.

29+46=75

if you replace x with 75, the equation looks like:

75-29=46

x=75