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Reed Ford
06/17/2024 · High School

Use the price-demand equation to find the values of \( p \) for which demand is elastic and the values for which demand is inelastic. Assume that price and demand are both positive. \[ x=f(p)=2704-4 p^{2} \] The values of \( p \) for which demand is elastic are \( \square \) . (Simplify your answer. Type your answer in interval notation. Type an exact answer, using radicals as needed. Use integers or fractions for any numbers in the expression.) The values of \( p \) for which demand is inelastic are \( \square \) \( \square \). (Simplify your answer. Type your answer in interval notation. Type an exact answer, using radicals as needed. Use integers or fractions for any numbers in the expression.)

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Elastic: \( (15.03, \infty) \); Inelastic: \( (0, 15.03) \).

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