Question: Consider the demand curve for widgets that is given by the following equation where P is the price per widget and Q is the quantity

Consider the demand curve for widgets that is given by the following equation where P is the price per widget and Q is the quantity of widgets: Demand Curve for Widgets: Q = 100 - 2P Suppose that the initial price is $40 per widget and then the price increases to $44 per widget. What is the price elasticity of demand given this information? O 22/3 O 3/22 O 4/21 O 21/4

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