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Use the price-demand equation below to find the values of p for which demand is elastic and the values for which demand in inelastic.
Use the price-demand equation below to find the values of p for which demand is elastic and the values for which demand in inelastic. Assume that price and demand are both positive. x= f(p)=375-25p Demand is elastic for all values of p in the interval (Type your answer in interval notation.) Demand is inelastic for all values of p in the interval fp (Type your answer in interval notation.)
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