Question: For the demand function below, find E(p) and determine if demand is elastic or inelastic (or neither) at the indicated price. q=300 (86-p), p=4
For the demand function below, find E(p) and determine if demand is elastic or inelastic (or neither) at the indicated price. q=300 (86-p), p=4 E(4)=(Type an integer or a simplified fraction.) Is the demand elastic, inelastic, or neither? inelastic
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