Question: Having a hard time setting up the equation for price elasticity of demand Consider the price-demand equation given by 8 1 p x. _ 3

Having a hard time setting up the equation for price elasticity of demand

Consider the price-demand equation given by 8 1 p x. _ 3 2,500 Calculate E(0.25), where E is the elasticity of demand. Give your answer to 3 decimal places

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