Question: Question 482 ptsThe demand equation for some commodity is given as P=10-2Q. We choose one point on the demand function where P=$2 and Q=4. What

Question 482 ptsThe demand equation for some commodity is given as P=10-2Q. We choose one point on the demand function where P=$2 and Q=4. What is the price elasticity of demand on the point?-0.5-0.25-0.75-1.02 pts

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