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Single Variable Calculus

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Determine When Demand is Elastic

SVCALC-ET8CAV

The demand function for a jacket is a function of the quantity produced, $p$:

$$D(p)=500e^{-0.2p}$$

For what prices is the demand elastic?

A

$p<5$

B

$5 < p < 400$

C

$p > 5$

D

for all $p$