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Suppose that the consumer's demand function for x is x=0.04m-0.2p, where p is th...

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Suppose that the consumer's demand function for x is x=0.04m-0.2p, where p is the price of good x and m is income. The consumer has $100 and demands 3 units of x. What is the current price elasticity of his demand? Don't forget to write the correct sign! If necessary, please insert decimal numbers (round to two decimal places) instead of fractions!

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