Question: demand function is given by the equation Q = 125 - 3P. Suppose the price is P = 21. At this price, find the price

demand function is given by the equation Q = 125 - 3P.

Suppose the price is P = 21.

At this price, find the price elasticity of demand.USE THE POINT SLOPE METHOD to find this elasticity.Round your answer to the nearest tenth.

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