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A Company Has a Demand Function Q= 200 - 40p P(p)Q(p)\frac{P ( p )}{Q ( p )}

Question 70

Short Answer

A company has a demand function q= 200 - 40p. Determine the elasticity of demand as a function of p. Enter your answer exactly as P(p)Q(p)\frac{P ( p )}{Q ( p )} where P, Q are polynomials in p in standard form.

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