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Use the price-demand equation p+ 0.004x=34, 0 p 34. Find the elasticity of demand when p= $18. If the $18 price is decreased by

Use the price-demand equation p+ 0.004x=34, 0 p 34. Find the elasticity of demand when p= $18. If the $18 price is decreased by 8%, what is the approximate percentage change in demand? The elasticity of demand when p = 18 is (Type an integer or a simplified fraction.)

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