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You have estimated that the price of an ounce of unobtanium is Q(P)=110 – 9/10 ×...

You have estimated that the price of an ounce of unobtanium is Q(P)=110 – 9/10 × P, where Q is the number of tons demanded. If the current price is $29 per ounce, what is elasticity of demand?

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Rahul Sunny answered 2 years ago
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