question archive A demand function is given by the equation Q=112-3P

A demand function is given by the equation Q=112-3P

Subject:EconomicsPrice:2.88 Bought3

A demand function is given by the equation Q=112-3P. Suppose the price is P=13. At this price, find the price elasticity of demand. USE THE POINT SLOPE METHOD to find this elasticity. Round your answer to the nearest tenth.

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