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A monopolistically competitive firm's inverse demand function is as follows: P = 50 - 2Q/5.What is the price elasticity of demand at the price of

A monopolistically competitive firm's inverse demand function is as follows: P = 50 - 2Q/5.What is the price elasticity of demand at the price of $32?Round your final answer to two decimal places.

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-1.78

-2.67

None of the answers listed is correct.

-1.67

-1.33

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