Suppose the Demand Function for a Good Is Expressed as Q

question 33

Multiple Choice

Suppose the demand function for a good is expressed as Q = 100 - 4p.If the good currently sells for $10,then the price elasticity of demand equals

• A) -1.5.
• B) -0.67.
• C) -4.
• D) -2.5.

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The office responsible for a range of duties including managing state records, overseeing elections, and handling business registrations depending on the country or state.