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KRMY-TV is currently contemplating a T-shirt advertising promotion. Limited sales data from a few T-shirt shops marketing a prototype of the KRMY design indicate that

KRMY-TV is currently contemplating a T-shirt advertising promotion. Limited sales data from a few T-shirt shops marketing a prototype of the KRMY design indicate that

Q = 1,500 - 200P, where Q is T-shirt sales and P is price. At what price would the point price elasticity of demand be -1?

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