1: Given the demand equation 33 l ? = 20, where 1:} represents the price in dollars and :1: the number of units, determine the elasticityr of demand, 3(1)): when p = $5, and indicate whether the demand is elastic, inelastic, ar unitary:r at that 1lr'alue. 0 EEE] = g; and the demand is inelastic 0 E15] = 3; and the demand is inelastic O E[5] = 1; and the demand is unitary O E[5] = 3; and the demand is elastic 0 E15] = g; and the demand is elastic