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600 For the demand function q = D(p) = ( p + 2) 5 find the following. a) The elasticity b) The elasticity at p = 2, stating whether the demand is elastic, inelastic or has unit elasticity c) The value(s) of p for which total revenue is a maximum (assume that p is in dollars) a) Find the equation for elasticity. E(p) = b) Find the elasticity at the given price, stating whether the demand is elastic, inelastic or has unit elasticity. E(2) = (Simplify your answer. Type an integer or a fraction.) Is the demand elastic, inelastic, or does it have unit elasticity? O A. inelastic O B. unit elasticity O C. elastic c) The value(s) of for which total revenue is a maximum (assume that is in dollars). $