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b) If demand is Q = 3 - 2P, the elasticity of demand is smaller than 1 when price is less than one half the

b) If demand is Q = 3 - 2P, the elasticity of demand is smaller than 1 when price is less than one half the quantity.

EXPLANATION: e = 2 *p/Q so e < 1 implies that p/Q <1>

The answer to this question is true, but I don't understand how "e = 2 *p/Q " derive. Can someone please explain it?

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