Question: For the demand function below, find E(p) and determine if demand is elastic or inelastic (or neither) at the indicated price. q = 400 (134


For the demand function below, find E(p) and determine if demand is elastic or inelastic (or neither) at the indicated price. q = 400 (134 - p-) , p=8 E(8) = (Type an integer or a simplified fraction.) Is the demand elastic, inelastic, or neither? O inelastic O elastic O neither
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