Question: Given the demand function D ( p ) = 2 7 5 - 3 p 2 , Find the Elasticity of Demand at a price

Given the demand function D(p)=275-3p2,
Find the Elasticity of Demand at a price of $12
At this price, we would say the demand is:
Inelastic
Elastic
Unitary
Based on this, to increase revenue we should:
Keep Prices Unchanged
Raise Prices
Lower Prices
Given the demand function D ( p ) = 2 7 5 - 3 p 2

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