\fThus, T'{p)= - 16,000 042 \\What is the next step io be taken to compute the elasticity of demand? () A, Substitute the values of f(p) and f'(p) into the formula for elasticity. () B. Solve g =40,000e 24F for p. 7y . Solve the formula for elasticity for p. ) D. Substitute the values of p and f(p) into the formula for elasticity. Apply the next step found above. Ep) = (Use integers or decimals for any numbers in the expression. Do not simplify) Can the equation from the previous step be simplified? () 'Yes 1 MNo