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Posted: **Sun Jul 03, 2022 1:00 pm**

: Suppose The Demand Curve For A Product Is Given By Q 17 2p 3ps Where P Is The Price Of The Product And Pg Is The Price O 1 (12.08 KiB) Viewed 16 times

Suppose the demand curve for a product is given by Q=17-2P+3Ps where P is the price of the product and Pg is the price of a substitute good. The price of the substitute good is $2.60. Suppose P = $0.50. The price elasticity of demand is (Enter your response rounded to two decimal places.)