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5. The demand for product is q= D (X) = 745 - 11 x, where x is the price in dollars and q, is the

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5. The demand for product is q= D (X) = 745 - 11 x, where x is the price in dollars and q, is the number of units sold A. 8 pts Find the elasticity of demand EC x ) . B. 6 pts Find the elasticity of demand when X= $23. Is the demand elastic or inelastic when x= 23? C. Cpts Find the price X when revenue is a maximum. Rand 2 decimal places

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