La offers 100 autograph bats. If each is priced at p dollars, it is that the deman curve for the bats will be p = 250 - q/4. If p elasticity is E(p) = dq/ q divided by dp/p. When E(p) 1, demand is...

La offers 100 autograph bats. If each is priced at p dollars, it is that the deman curve for the bats will be  p = 250 - q/4. If p elasticity is E(p) = dq/ q divided by dp/p.

When E(p) < 1,="" demand="" is="" inelastic="" and="" when="" e(p)=""> 1, demand is elastic.

i. Find theprice elasticity of demand for Lara's bat

ii. is deamnd inelastic or elastic