The demand for tickets to a rock concert is given by D(p) = 200,000 - 10,000p, where p is the price of tickets. If the price of tickets is $17, then the price elasticity of demand for tickets is
A) -11.33.
B) -8.50.
C) -17.
D) -2.83.
E) -5.67.
Correct Answer:
Verified
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