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Given the following demand curve, QD(P) = 84 - 4P, where QDand P denote quantity demanded and price, respectively, what is the absolute value of

Given the following demand curve, QD(P) = 84 - 4P, where QDand P denote quantity demanded and price, respectively, what is the absolute value of the price elasticity of demand when the market price is 12?

Select one:

a.1.33

b.1

c.1.75

d.0.75

e.0.5

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