The demand for a product is given by p = 9010q. Find the ratio !!!! Relative change in

Chapter 1, Problem 38

(choose chapter or problem)

The demand for a product is given by p = 9010q. Find the ratio !!!! Relative change in demand Relative change in price !!!! if the price changes from p = 50 to p = 51. Interpret this ratio. 3

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