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A fried chicken franchise finds that the demand equation for its new roast chicken product, "Roasted Rooster," is given by DO.7 where p is the price (in dollars) per quarter-chicken serving and q is the number of quarter-chicken servings that can be sold per hour at this price. Find E(p) E(P) = X Find the price elasticity of demand when the price is set at $4.50 per serving. At a price of $4.50, a 1% increase in price leads to a It % decrease in demand! Interpret the result. At a price of $4.50, the demand is --Select-.. ~ x They should --Select---- > > the price per serving in order to increase revenue Submit