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What is the point elasticity

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If P=100 - 2Q, and P=80, what is the point elasticity?

You sell bracelets online. The demand for these bracelets is:P=120 - 2Q

The bracelets cost $2 each to produce. If you choose to sell a bracelet, you cannot sell a necklace, which has averaged $6 in profit.

At what price should you sell the bracelets?

Reference no: EM131013637

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