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Please give the answer QUESTION 18 A monopoly faces the following demand curve: Q(P) =7,500 -125P Its total cost function is: C(Q) = 40Q Calculate

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QUESTION 18 A monopoly faces the following demand curve: Q(P) =7,500 -125P Its total cost function is: C(Q) = 40Q Calculate the point price elasticity when the price is $50

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