Question: 400 Given the demand function D{p) = , P Find the Elasticity of Demand at a price of $61 :] At this price, we would

400 Given the demand function D{p) = , P Find the

Elasticity of Demand at a price of $61 :] At this price,

400 Given the demand function D{p) = , P Find the Elasticity of Demand at a price of $61 :] At this price, we would say the demand is: 0 Elastic O Inelastic Unitary Based on this, to increase revenue we should: 0 Raise Prices Keep Prices Unchanged 0 Lower Prices

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