' preview answeI Problem 4. \" (8 points) The quantity of a product demanded at unit price p is given by the demand equation q: 28 2. 8p\"2 (3) (50%) Evaluate the price elasticity of demand at unit Elasticity: L 5 price 10. (Write your answer correct to at least three decimal places.) we 7 r, I__....___.\\ (b) (25%) Complete the sentence: We find that demand is ; ? Y , so then in order to increase revenue, the unit price should be L ? V' the current $10 per item. (c) (25%) Demand is of unit elasticity at a unit price of = - (Write your answer ary P ., , _,7 27,, ,,.___ correct to at least three decimal places.)