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Given the following price-demand function, find the elasticity of demand, E(p), and determine whether demand is elastic, inelastic, or has unit elasticity for the
Given the following price-demand function, find the elasticity of demand, E(p), and determine whether demand is elastic, inelastic, or has unit elasticity for the following values of p. (Round your answers two decimal places.) x 101,400-50p (a) p=28 Exp)-> Determine the demand. elastic Inelastic unit elasticity (b) p=22 E(p)- Determine the demand. elastic Inelastic unit elasticity (c) p=35 E(p) - Determine the demand. elastic Cinelastic unit elasticity
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