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Calculate the price elasticity of demand given the following market demand functions: (a) D(p) = 60 p (b) D(p) = a bp (c) D(p) =
Calculate the price elasticity of demand given the following market demand functions:
(a) D(p) = 60 p
(b) D(p) = a bp
(c) D(p) = 40p 2
(d) D(p) = Apb
(e) D(p) = (p + 3)2
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