[Solved] - : QUESTION 2 For the demand function gi

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- : QUESTION 2 For the demand function given, find E(p) and determine if demand is elastic or inelastic (or neither) at the Indicated price.

- : QUESTION 2 For the demand function given, find E(p) and determine if demand is elastic or inelastic (or neither) at the Indicated price. q=300-P; p = 48 E(48) = 252 inelastic E(48) = inelastic E(48) = elastic (48) - 252, elastic = 21 21

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