Question: Question 7 Suppose the demand for a product is given by D(p) = -6p + 200. A) Calculate the elasticity of demand at a price

 Question 7 Suppose the demand for a product is given by

D(p) = -6p + 200. A) Calculate the elasticity of demand at

Question 7 Suppose the demand for a product is given by D(p) = -6p + 200. A) Calculate the elasticity of demand at a price of $16. Elasticity = (Round to three decimal places.) B) At what price do you have unit elasticity? (Round your answer to the nearest penny.) Price = $

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