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Given the demand function D(p) = V200 – 4p, Find the Elasticity of Demand at a price of $40

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Given the demand function D(p) = V200 – 4p,
Find the Elasticity of Demand at a price of $40

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