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Suppose That the Inverse Demand Curve for a New Laptop

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Suppose that the inverse demand curve for a new laptop computer can be expressed as Suppose that the inverse demand curve for a new laptop computer can be expressed as   , where price is in dollars and quantity is in number of laptops. a. What is the price elasticity of demand at a quantity of 625? b. Is the demand for these laptops elastic or inelastic? , where price is in dollars and quantity is in number of laptops.
a. What is the price elasticity of demand at a quantity of 625?
b. Is the demand for these laptops elastic or inelastic?


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