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Suppose the demand function for flashlights is expressed as Q = 100 - 4p. If a flashlight currently sells for $10, then the point price
Suppose the demand function for flashlights is expressed as Q = 100 - 4p. If a flashlight currently sells for $10, then the point price elasticity of demand equals: Group of answer choices -4 -2.5 -0.67 -1.5
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