When the product demand curve is q 130 - 10p and price is
When the product demand curve is Q = 130 - 10P and price is decreased from P1 = $10 to P2 = $9, the "point" price elasticity of demand at the point where the price is $9 is:
a. -2.12
b. -2.25
c. -0.44
d. -1.80
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