Question: please answer this question 1. The demand for teaching assistants at a large, state university is given by Iff = 2000 1.5&), where a) is
please answer this question

1. The demand for teaching assistants at a large, state university is given by Iff = 2000 1.5&), where a) is the salaly per class. Calculate the ownwage elasticity for teaching assistants when a) = 550. Is the labor demand curve elastic or inelastic at this point? What about if to = 900
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