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Consider the demand equation P=-0. 2x+500 (05x5 20,000) Which describes the unit price in dollars and the quantits demanded x of the loudspeaker (i) Find

Consider the demand equation P=-0. 2x+500 (05x5 20,000) Which describes the unit price in dollars and the quantits demanded x of the loudspeaker (i) Find the elasticits of demand ElP) and interpret the Results ( ii) Compute E ( 200)

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