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 1100 q = D(x) = x X = 50 O A. 22, inelastic O B. elastic O C. 1, unit elasticity OD. 1 50 Inelastic
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