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Supergraphics estimates that the inverse demand for its product is given by the following equation: P = 600 - 0.02q or Q=30,000 - 50p where

Supergraphics estimates that the inverse demand for its product is given by the following equation: P = 600 - 0.02q or Q=30,000 - 50p where P represents the per-unit price of the good (in dollars) and Q is the number of units sold. What is the own-price elasticity of demand for this product when the price equals $200?

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