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P The elasticity of demand for a product is given by n = - where p is price per unit (in 128 - P dollars).

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P The elasticity of demand for a product is given by n = - where p is price per unit (in 128 - P dollars). Determine the price that will give the maximum revenue. (Answers are rounded.) O a) The revenue will be maximized when the price is $48. O b) The revenue will be maximized when the price is $64. O o The revenue will be maximized when the price is $192. Old) The revenue will be maximized when the price is $32

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