Consider the Demand Curve $\mathrm { Q } ^ { \mathrm { d } } = 500 \mathrm { P } - 2$

Multiple Choice

Consider the demand curve $\mathrm { Q } ^ { \mathrm { d } } = 500 \mathrm { P } - 2$ . If the price is 1 , the elasticity of demand is

A) $- 0.50$
B) $- 2$
C) 500
D) $- 500$