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1. Find the price elasticity of demand E(p) for the demand function at the indicated x value where f(p) = 10000 - 800p. 2. Is

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1. Find the price elasticity of demand E(p) for the demand function at the indicated x value where f(p) = 10000 - 800p. 2. Is the demand elastic, inelastic or of unit elasticity at p = 3? Show your work. 3. If the price of p = 3 is increased by 10%, will revenue increase of decrease

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