Question: The inverse demand function for a good is as follows:P = 40 - 1.25Q.What is the price elasticity of demand at a price of $10?Round
The inverse demand function for a good is as follows:P = 40 - 1.25Q.What is the price elasticity of demand at a price of $10?Round your final answer to two decimal places.
Group of answer choices
-1.33
-0.52
-3.00
-0.33
-0.67
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