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SleepLearnTech has developed a new product, which allows students to study while they are sleeping. After...

SleepLearnTech has developed a new product, which allows students to study while they are sleeping. After conducting lengthy market research, SleepLearnTech has found that the market demand for this product is given as follows:

Q = 200 - 5P a

.) At what price is the price elasticity of demand equal to zero?

b.) At what price is the demand infinitely elastic?

c.) At what price is the price elasticity of demand equal to negative one?

d.) If the price is $30, what is the price elasticity of demand?

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