Question: 34. The equation for a demand curve is P = 2/Q. What is the elasticity of demand as price falls from 5 to 4?

34. The equation for a demand curve is P = 2/Q. What

34. The equation for a demand curve is P = 2/Q. What is the elasticity of demand as price falls from 5 to 4? What is the elasticity of demand as the price falls from 9 to 8? Would you expect these answers to be the same?

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