Question: (5pt)Given the following demand function, q = D(x) = 50 - 2x, find the following: a. The elasticity function, E(x). b. The elasticity at x

(5pt)Given the following demand function, q = D(x) = 50 -

(5pt)Given the following demand function, q = D(x) = 50 - 2x, find the following: a. The elasticity function, E(x). b. The elasticity at x = 10. c. At x = 10, demand (circle one) is elastic is inelastic has unit elasticity d. Find the value of x for which total revenue is a maximum, assuming x is in dollars

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