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The demand for its new brand of fertilizer is given by the

Silkwood Enterprises specializes in gardening supplies. The demand for its new brand of fertilizer is given by the equation Q=120-4P. Silkwood is currently charging $10 a pound.

a. What is the price elasticity of demand?

b. At this price, what is the marginal revenue?

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Macroeconomics: The demand for its new brand of fertilizer is given by the

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