Given the demand equation x" + 18p = 270, where p represents the price in dollars and x the number of units, determine the value of p where the elasticity of camand is unitary. Price, p = dollars If the current price is 11 dollars and price is increased by 1%, then total revenue will decrease O Increase 10. [-/1 Points] DETAILS MY NOTES Math 110 Course Resources - Marginal Analysis & Elasticity Course Packet on elasticity of demand Given the demand equation x = 12 + 21 where p represents the price in dollars and x the number of units, determine the elasticity of demand when the price p is equal to $5. Elasticity of Demand = Therefore, demand is O inelastic O elastic O unitary when price is equal to $5 and a small Increase in price will result in O a decrease in total revenue. O an increase in total revenue. little to no change in total revenue