Question: 2.6 Using the information in Solved Problem 11.2, calculate the elasticity of demand for the iPad at the profit-maximizing solution using its inverse demand curve.

2.6 Using the information in Solved Problem 11.2, calculate the elasticity of demand for the iPad at the profit-maximizing solution using its inverse demand curve. Compare that answer to the one we obtained in Solved Problem 11.3 using the Lerner Index formula.

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