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Business, 23.10.2019 01:00 travorissteele822

The inverse demand function for grapes is described by the equation p = 518 - 5q, where p is the price in dollars per crate and q is the number of crates of grapes demanded per week. when p = $38 per crate, what is the price elasticity of demand for grapes? a. − 190/96
b. − 5/518
c. − 5/96
d. − 96/38
e. − 38/480

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The inverse demand function for grapes is described by the equation p = 518 - 5q, where p is the pri...
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