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3 For the demand function given, find E(p) and determine if demand is elastic or inelastic (or neither) at the indicated price. q 200-4p; p=45

3 For the demand function given, find E(p) and determine if demand is elastic or inelastic (or neither) at the indicated price. q 200-4p; p=45 1 E(45) inelastic OE(45) 20, elastic 000 E(45) E(45) 9, elastic 1 inelastic 9

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