Question: Pompom Cath saw a decrease in the quantity demanded for her firm's product from 8000 to 6000 units a week when she raised the price

Pompom Cath saw a decrease in the quantity demanded for her firm's product from 8000 to 6000 units a week when she raised the price of the product from $200 to $250. What is Pompom's approximate own price elasticity of demand

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