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Given the demand function 13(1)} = 1::- Find the Elasticity of Demand at a price of 548 At this price, we would say the demand
Given the demand function 13(1)} = 1::- Find the Elasticity of Demand at a price of 548 At this price, we would say the demand is: C'- Elastic C\"- Inelastic C' Uni tary Based on this, to increase revenue we should: C'- Keep Prices Unchanged L": Raise Prices C\"- Lower Prices
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