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Find the point elasticity of the following demand equation when P : $5 and determine whether demand is elastic, inelastic or unit elastic: Q =

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Find the point elasticity of the following demand equation when P : $5 and determine whether demand is elastic, inelastic or unit elastic: Q = 50 2P Note: round your answer to 2 decimal places. If your answer is negative, include the negative sign in your answer. The point elasticity ES and demand is :]

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