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Write the demand elasticity function e(p)

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Reference no: EM13877056

The demand function for the product of a monopolistically competitive firm is given by
P = 600e-0.08Q

(a) Write the demand elasticity function E(P).

(b) Determine the price elasticity at prices 200 and 400.

(c) At what price the demand is unit elastic?

Reference no: EM13877056

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