John’s demand function for chocolate is Qd = 10-2p. His price elasticity of demand for chocolate at a price P^ equals -2/3. The value of P^ is____…

John’s demand function for chocolate is Qd = 10-2p. His price elasticity of demand for chocolate at a price P^ equals -2/3. The value of P^ is____

[Hint: you need to use the method for calculating point elasticity to solve this problem. Since you are already given the