9. [0.55/1 Points] PREVIOUS ANSWERS BERRAPCALC7 4.4.027. 1/50 Submissions Used For the demand function D(p), complete the followlng. D(p) = mime0'01" (a) Find the elasticity of demand E(p). 507) = X (b) Determine whether the demand is elastic, inelastic, or unit-elastic at the price p = 80. O elastic inelastic O unit-elastic v Need Help? Submit Answer ' 10. [0/1 Points] PREVIOUS ANSWERS BERRAPCALC7 4.4.037. 6/50 Submissions Used The demand function for beer is given below, where p is the retail price and D(p) is the demand in gallons per capita. For the demand function, nd the elasticity of demand E(p) for any price p, [Note: You will nd that demand is inelastic. This means that taxation, which acts like a price increase, is an ineffective way of discouraging liquor consumption, but is an effective way of raising revenue] D(p) = setup"~12\" 501) = Need new