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Question: for the demand function given find the elasticity at the...

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For the demand function given, find the elasticity at the given price and state whether the demand is elastic, inelastic, or whether it has unit elasticity. Show work.

Q(p) = 500 / (p + 6)^2; p = 5

Own-Price Elasticity of Demand at p = 5: ___________

Is demand elastic, inelastic, or unit elastic at p = 5? ____________

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