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Given the demand function 13(1)) = 1/325 2 , Find the Elasticity of Demand at a price of $8 0.0258 x At this price, we

Given the demand function 13(1)) = 1/325 2 , Find the Elasticity of Demand at a price of $8 0.0258 x At this price, we would say the demand is: O Unitary Inelastic 0 Elastic 04 Based on this, to increase revenue we should: 0 Lower Prices 0 Keep Prices Unchanged Raise Prices 04

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