Question: In this problem, p is in dollars and q is the number of units. Suppose that the demand for a product is given by pq

In this problem, p is in dollars and q is the number of units.
Suppose that the demand for a product is given by
pq + p +100q =50,000.
(a) Find the elasticity when
p = $568.
(Round your answer to two decimal places.)

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