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350 Given the demand function D(p) = p Find the Elasticity of Demand at a price of $48 At this price, we would say the

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350 Given the demand function D(p) = p Find the Elasticity of Demand at a price of $48 At this price, we would say the demand is: O Elastic O Inelastic O Unitary Based on this, to increase revenue we should: O Keep Prices Unchanged O Raise Prices O Lower Prices

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