Question: The demand function is given by P= 50x x2, finc the elasticity of demand at x = 2. (A) 1.04 (B) 1.00 (C) 0.96 (D)

The demand function is given by P= 50x x2, finc the elasticity of demand at x = 2.

(A) 1.04 (B) 1.00

(C) 0.96 (D) 0.10

choose the correct option and Explain it with formula.

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