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The equation for a demand curve is P = 48 - 3Q .Calculate the elasticity when moving froma quantity of 5 to a quantity of

  1. The equation for a demand curve isP = 48 - 3Q.Calculate the elasticity when moving froma quantity of 5 to a quantity of 6?Show your work.Based on your answer, is this segment ofthe demand curve elastic or inelastic?Explain.

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