Question: In Problem, use the price-demand equation to determine whether demand is elastic, is inelastic, or has unit elasticity at the indicated values of p. x

In Problem, use the price-demand equation to determine whether demand is elastic, is inelastic, or has unit elasticity at the indicated values of p.
x = f{p)= 875 - p- 0.05p2
(A) p = 50
(B) p = 70
(C) p = 100

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