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Business & Finance Assignment | Custom Assignment Help

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December 3rd, 2019

The demand curve is:QD = 500 – 1/2PA. Calculate the (point) price elasticity of demand when price is $100. Is demand elastic orinelastic?B. Calculate the (point) price elasticity of demand when price is $700. Is demand elastic orinelastic?C. Find the point at which point elasticity is equal to -1.

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