Question: For the demand function given, find the elasticity at the given price and state whether the demand is elastic, inelastic, or whether it has unit

For the demand function given, find the elasticity at the given price and state whether the demand is elastic, inelastic, or whether it has unit elasticity.

q=D(x)=300-4x; x=62

Group of answer choices

; elastic

; inelastic

; inelastic

52; elastic

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