If the value of the p is 80 and the equation is p = 479 – 2q. Then the price point of the elasticity is 199.5.
A Linear system is a system in which the degree of the variable in the equation is one. It may contain one, two, or more than two variables.
A good’s demand is given below.
p = 479 – 2q
At p = 80, the point price elasticity will be
80 = 479 – 2q
2q = 479 – 80
2q = 399
q = 199.5
More about the linear system link is given below.
https://brainly.com/question/20379472
#SPJ4
