3 For the demand function given, find E(p) and determine if demand is elastic or inelastic (or neither) at the indicated price. q 200-4p; p 45 O E(45) inelastic OE(45) 20, elastic 000 E(45) 9, elastic E(45)= inelastic QUESTION 4 Solve the problem. A beverage company works out a demand function for its sale of soda and finds it to be q-D(x)-3700-30x where q the quantity of sodas sold when the price per can, in cents, is x. At a price of 88 cents per can, will a small increase in price cause the total revenue to increase, decrease, or stay the same? Stay the same O Decrease Increase