Question: 5. (6 points) Given the demand equation 800 P = 9 + 40 find the point elasticity at q = 200. Then determine whether demand

5. (6 points) Given the demand equation 800 P = 9

+ 40 find the point elasticity at q = 200. Then determine

5. (6 points) Given the demand equation 800 P = 9 + 40 find the point elasticity at q = 200. Then determine whether demand is elastic, is inelastic, or has unit elasticity

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