Question: 9. If the demand for a product is given by q(p) = 2250 + 18p - 1ip , find the point elasticity when the price

9. If the demand for a product is given by q(p) = 2250 + 18p - 1ip , find the point elasticity when the price is $5. What type of elasticity is involved and how will a price increase affect total revenue

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