Question: The demand function for a product is given by D(p) - . 300 -35. Find the Elasticity of Demand at a price of $66. Give

 The demand function for a product is given by D(p) -

. 300 -35. Find the Elasticity of Demand at a price of

The demand function for a product is given by D(p) - . 300 -35. Find the Elasticity of Demand at a price of $66. Give your answer to three decimal places, E(66) = At this price, we would say the demand is: Inelastic Elastic O Unitary Based on this, to increase revenue we should: Keep Prices Unchanged Raise Prices Lower Prices

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