Interpret your value for the elasticity of demand

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When cantaloupes at a farm stand cost p dollars each, q cantaloupes are sold, where p and q are related by the formula q2+4pq+p2=19. Find a formula for the price of elasticity of demand for the farm stand cantaloupes. If p=2, is the demand elastic, inelastic, or unitary? Interpret your value for the elasticity of demand.

Reference no: EM131162904

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