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A person's demand is given by the following equation: log (Q) = 50070 log (P) where Q is the quantity demanded at price P. What

A person's demand is given by the following equation:

log (Q) = 50070 log (P)

where Q is the quantity demanded at price P. What is the elasticity of demand when P= 250? And P= 500? How does the elasticity of demand change as price changes?

(Could you show elasticity calculation step by step?)

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