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Q23 LO 12.4 1 Point LO 12.4: I can determine and discuss the application of elasticity in a given scenario. Worldwide annual sales of smartphones

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Q23 LO 12.4 1 Point LO 12.4: I can determine and discuss the application of elasticity in a given scenario. Worldwide annual sales of smartphones in 2012-2013 were approximately q = -6p + 3,030 million phones at a selling price of $p per phone. What is the value of the price elasticity of demand, E, if the price is $245? Round your answer to two decimal places. E = Enter your answer here

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