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Market demand is given as Qd = 75 - P. Market supply is given as Qs = 3P + 15. If price increases from $46
Market demand is given as Qd = 75 - P. Market supply is given as Qs = 3P + 15. If price increases from $46 to $48, what is the price elasticity of demand? What is the price elasticity of demand at the equilibrium point? (
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