Question: A demand function is given by the equation Q = 115 - 3P. Suppose the price is P = 8. At this price, find the

A demand function is given by the equation Q = 115 - 3P.

Suppose the price is P = 8.

At this price, find the price elasticity of demand.USE THE POINT SLOPE METHOD to find this elasticity.Hint: You'll have to find the quantity at this price as well

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