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Suppose that the demand for electricity is given by P = 0.2 - 0.05E where P is the price of electricity in dollars per kilowatt-hour

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Suppose that the demand for electricity is given by P = 0.2 - 0.05E where P is the price of electricity in dollars per kilowatt-hour ($/KWH), and E is the quantity of electricity in kilowatt- hours (KWH). If the current price of electricity is $0.1/KWH, what is the price elasticity of demand at this price? -0.5

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