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(Solved): -functions as of a firm's product is given as qd=3001.75p, where is the price (in $ ). ...




-functions \( a_{s} \) of a firms product is given as \( q_{d}=300-1.75 p \), where \( \rho \) is the price (in \( \$ \) ).
-functions of a firm's product is given as , where is the price (in ). a) Determine and classify the elasticity of demand; , when b) Determine the revenue when .


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Given demand function q=300?1.75p
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