Problem

The demand for a new television is given by D(p) = −7p2 + 354p − 1748, where p is the pric...

The demand for a new television is given by D(p) = −7p2 + 354p − 1748, where p is the price in hundreds of dollars. Find the elasticity for p = $1400 and p = $2700 and interpret your answers.

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