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Suppose Demand is given by Q = 100 -5P. What is the price elasticity of demand when P = 10? Group of answer choices -1/2
Suppose Demand is given by Q = 100 -5P. What is the price elasticity of demand when P = 10?
Group of answer choices
-1/2
-5
-2
-1/5
None of these
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Basic Economics
Authors: Frank V. Mastrianna
16th edition
1111826641, 978-0357706664, 978-1111826642
