If apples have an own-price elasticity of -1.2 then to maximize revenue the firm should O lower the price O keep the price constant O reduce opportunity cost O raise the price D Question 6 1 pts Suppose Qx= 10,000 - 2 Px + 3 Py - 4.5M , where Px = $100, Py = $50, and M = $2,000. What is the own-price elasticity of demand? O -0.78 O -1.21 O -2.0 O -0.21