The demand function for the product of a monopolistically


The demand function for the product of a monopolistically competitive firm is given by
P = 600e-0.08Q

(a) Write the demand elasticity function E(P).

(b) Determine the price elasticity at prices 200 and 400.

(c) At what price the demand is unit elastic?

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Microeconomics: The demand function for the product of a monopolistically
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