The Weekly Sales in Honolulu Red Oranges Is Given by the Following

Multiple Choice

The weekly sales in Honolulu Red Oranges is given by the following equation. $q = 1,070 - 24 p$
Calculate the elasticity of demand for a price of $27 per orange. Round your answer to the two decimal places.

A) -1.54
B) -1.65
C) 1.65
D) 1.43
E) 1.54