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Homework answers / question archive / A firm's demand curve is estimated to be Q = 400 - 5P, where Q is quantity and P is the price of the good

A firm's demand curve is estimated to be Q = 400 - 5P, where Q is quantity and P is the price of the good

Economics

A firm's demand curve is estimated to be Q = 400 - 5P, where Q is quantity and P is the price of the good. At P = $15, what is the point elasticity of demand?

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