700 For the demand function q = D(x)=- find the following. X a) The elasticity b) The elasticity at x=1, stating whether the demand is elastic, inelastic, or has unit elasticity c) The value(s) of x for which total revenue is a maximum (assume that x is in dollars) a) Find the equation for elasticity. E(x)= b) Find the elasticity at the given price, stating whether the demand is elastic, inelastic, or has unit elasticity. E(1)= (Simplify your answer. Type an integer or a fraction.) Is the demand at x = 1 elastic, inelastic, or does it have unit elasticity? OA. unit elasticity OB. inelastic OC. elastic c) Find the value(s) of x for which total revenue is a maximum (assume that x is in dollars). OA. $ (Round to the nearest cent as needed. Use a comma to separate answers as needed.) OB. The total revenue is independent of x.