Which demand is more price elastic

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Reference no: EM131244431

Assume the demand curve for golf balls in Japan is Qj = 100 - P, while the US demand curve is Qs = 400 - 4P. Over the range of prices, which demand is more price elastic? Please fully justify your answer using the definition of the elasticity of demand (not the arc elasticity).

Reference no: EM131244431

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