Uver is a new car ride service in town. The market demand function for Uver rides is estimated to be q = 148 × p −31u, where pu is the price of an Uver ride.   Part 1. The absolute value of the price elasticity of demand for Uver rides is ________.   Part 2 This demand function is   a) always elastic   b) always inelastic   c) always unit elastic   d) elastic at high prices, inelastic at low prices, and unit elastic at one point.

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