Answer the following questions for the price-demand equation. p+0.001x = 40 (A) Express the demand x as a function of the price p. x= (B) Find the elasticity of demand, E(p). E(p)=0 (C) What is the elasticity of demand when p = 207 The elasticity of demand when p= 20 is (Type an integer or a simplified fraction.) If the price is increased by 20%, how will revenue change? O A. Revenue will remain the same OB. Revenue will decrease O C. Revenue will increase