Question: The demand function for Product X is: Qx = 13 - 4Px. At the point on the curve where price is $12, and quantity is

The demand function for Product X is:

Qx = 13 - 4Px.

At the point on the curve where price is $12, and quantity is 15 determine the own price elasticity for the good.

Group of answer choices

-0.80

-3.20

-1.25

1.25

-5.00

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