[Step-by-Step] (Bonus #50 on page 365) The price-demand equation for home-delivered 12-inch pizzas is p = 16.8 - 0.002 x where x is the number of pizzas
Question: (Bonus #50 on page 365) The price-demand equation for home-delivered 12-inch pizzas is
p = 16.8 – 0.002 x
where x is the number of pizzas delivered weekly. The current price of one pizza is $8. In order to generate additional revenue form the sale of 12-inch pizzas, would you recommend a price increase or a price decrease? [Hint: Find the values of p where the demand is elastic or inelastic.]
Deliverable: Word Document 
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![[Steps Shown] (#12 on page 364) (d)/(dx)(x^6ln](/images/solutions/MC-solution-library-35936.jpg "[Steps Shown] (#12 on page 364) (d)/(dx)(x^6ln")
