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Mathematics, 04.04.2020 12:46 valerrry

A garden shop determines the demand function q = D(x) = 5x + 200 / 30x + 11 during early summer for tomato plants where q is the number of plants sold per day when the price is x dollars per plant.
(a) Find the elasticity.
(b) Find the elasticity when x = 2.
(c) At $2 per plant, will a small increase in price cause the total revenue to increase or decrease?

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A garden shop determines the demand function q = D(x) = 5x + 200 / 30x + 11 during early summer for...

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