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Assume the following demand curve: Q = 100,800 3,943(P). Calculate elasticity for a price change from $17.30 to $18.50. Report your answer as a POSITIVE

Assume the following demand curve: Q = 100,800 3,943(P). Calculate elasticity for a price change from $17.30 to $18.50. Report your answer as a POSITIVE number, rounded to one decimal place.

Assume the following demand curve: Q = 1,425 134(P). Variable costs = $3.60. Calculate the optimal price. Round to two decimal places.

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