
Calculus: Early Transcendentals
8th Edition
ISBN: 9781285741550
Author: James Stewart
Publisher: Cengage Learning
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Suppose the demand for an item is
x=10 +1/p2
Evaluate the elasticity at E(0.5)
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- The demand function for an item is given by 100 d(x) = 0.01z² + 1 (20arrow_forwardFind the derivative Earrow_forward6 Assume an hypothetical consumer faced by the following utility function; U=X^2Y ( squared times y). After a bad harvest and thus bad economic conditions, the price of good X increases from Ksh.4.2 to Ksh. 4.8, while the price of good Y which was ksh. 4 increased to ksh.5. The income of the consumer was ksh. 30 before and after the good harvest. Calculate the CV and EV.arrow_forward
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