Given the demand equation Q=3890-9.85P, Determine the own-price elasticity of demand if the market price P=$100. Give your answer with 4 decimal places. Moving to another question will save this response. Question 3 o

Economics: Private and Public Choice (MindTap Course List)
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ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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Given the demand equation Q=3890-9.85P, Determine the own-price elasticity of demand if the market price P=$100. Give your answer with 4 decimal places.
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Transcribed Image Text:Given the demand equation Q=3890-9.85P, Determine the own-price elasticity of demand if the market price P=$100. Give your answer with 4 decimal places. L Moving to another question will save this response. <<Question 3 of 3
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