Question: Need help with a math problem. View screenshot below for problem. A) Solve the following problem on its own sheet of blank paper MississippiWaterWorld Inc.

Need help with a math problem. View screenshot below for problem.

Need help with a math problem. View screenshot below for problem. A)

A) Solve the following problem on its own sheet of blank paper MississippiWaterWorld Inc. has a new pool floaty device to market (trademark #87364q). The demand function is D(p) = 275 - 4p. (i) Find the Elasticity of Demand at a price of $6. Write down the general elasticity formula and then show all steps and work for your calculations. Round the elasticity value to three places. (ii) At that price, indicate if demand is elastic, inelastic, or unitary. (iii) Finally, indicate if the price should be raised, lowered, or kept the same. B) Enter a response as described below In the answer box, enter a complete sentence that fully addresses parts (i) to (iii). Edit Insert Formats B I U Xz X AY AY

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