Raymond B. answered 08/03/23
Math, microeconomics or criminal justice
D(p) = sqr(200-4p)
D(8) = sqr(200-32) = sqr168 = 2sqr42
Price elasticity of demand = % change in quantity demanded divided by % change in price
Point Price elasticity of demand = the limit of the above, as the price change approaches zero
rough guess is -.09, but convention is to take the absolute sign, so + 0.09 it is
this problem should have been filed under calculus and microeconomics, not just math