An equation relating demand q and price p is given. Compute the elasticity of demand for the given price. (Round your answer to two decimal places.) 1.25p + q = 810,    p = 275

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter7: Rational Expressions And Functions
Section7.5: Solve Applications With Rational Equations
Problem 7.106TI: Xander’s new business found that the daily demand for its product was inversely proportional to the...
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An equation relating demand q and price p is given. Compute the elasticity of demand for the given price. (Round your answer to two decimal places.)

1.25p + q = 810,    p = 275

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