a) when the price falls from $15 to $10? b)when the price falls from $25 to $15?
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Question:
a) when the price falls from $15 to $10?
b)when the price falls from $25 to $15?
c)find the equation for this demand curve. Show and explain your work.
d)calculate the point elasticity price of demand at each of the following points where: p=25? p=20? p=12.5? p=5? p=0?
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