P Is in Dollars and Q Is the Number of Units

question 2

Multiple Choice

p is in dollars and q is the number of units. Find the elasticity of the demand function $5 p + 4 q = 152$ at the price $p = \$ 30$ .

• A)-75.00
• B)1.00
• C)75.00
• D)-1.25
• E)1.25

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