Compute the elasticity of demand for the given demand function D(p) and determine whether the demand is elastic, inelastic, or of unit elasticity at the indicated price p. 2300 D(p) : p2 ;P = 8 O E(p) = -2; E(8) = -2, elastic O E(p) = -2; E(8) = -2, inelastic O E(p) = 2; E(8) = 2, elastic O E(p) = 2; E(8) = 2, inelasticCompute the elasticity of demand for the given demand function D(p) and determine whether the demand is elastic, inelastic, or of unit elasticity at the indicated price p. D(p) = 150 - p2; p = 9 O Elp ) = HP 150 - p2 ; E(9) = 0.13, inelastic E(p) = -P 150 - p2 ; E(9) = 0.13, elastic O 2p2 E(p) = - E(9) = 2.348, inelastic 150 - p2 O 2p2 E(p) = E(9) = 2.348, elastic 150 - p2