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- Marginal Analysis & Elasticity Course Packet on elasticity of demand and finding the unitary price point Given the demand equation x5 + 35p =

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- Marginal Analysis & Elasticity Course Packet on elasticity of demand and finding the unitary price point Given the demand equation x5 + 35p = 420, where p represents the price in dollars and x the number of units, determine the value of p where the elasticity of demand is unitary. Price, p = 12 X dollars If the current price is 11 dollars and price is increased by 1%, then total revenue will O decrease O increase

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