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SOLVED:Consider the inverse demand function P= 100 5Q with Pbeing price and quantity. Find the price _ elasticity of demand when Q = 8. Is demand elastic or inelastic? Justify your answer:
![Solved 2. (Own Price Elasticity of Demand] Given a demand | Chegg.com](https://media.cheggcdn.com/media/35d/35d60c50-5551-459f-9668-b7979086cae3/phpbzhsG6 "Solved 2. (Own Price Elasticity of Demand] Given a demand | Chegg.com")
Solved 2. (Own Price Elasticity of Demand] Given a demand | Chegg.com
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