Question 5 If the price of an item increases from $29 to Soll then the quantity demanded (in thousands) decreases from /40 to 663 units A. The approximate price demand elasticity for this scenario is? (nearest 0.1) B. At this price, $29, we would say the demand is | Select an answer v Irelas Fil, Unilastic Blastic C. Based on this, to increase revenue the price should be | Select an answer v Submit Question towered, raised 12020 unchanged