The demand equation is given by P=5009Q2P=5009Q2. Find point elasticity at P=P= $10. Hint: First find dP/dQ, then use dQ/dP=1/(dP/dQ).

Select one:

E=180E=180

E=0.013E=0.013

E=0.010E=0.010

E=0.012E=0.012

E=0.021