Given the demand function D(p) = How many products will be sold if the price is $7? (Round to nearest unit) 100 - 2p, Find the Elasticity function E(p) Find the Elasticity of Demand at a price of $7 At this price, we would say the demand is: Inelastic O Unitary O Elastic Based on this, to increase revenue we should: Keep Prices Unchanged Lower Prices Raise Prices

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