Given the demand function of Q = 700 − 2p^2   i. Find the price elasticity at the point P = 10 where Q is the quantity demanded and comment it.   ii. Hence, estimate the percentage decrease in quantity demanded when the price is increased by 2%.   iii. With the price elasticity of the demand function in (i), does the revenue expected to increase or decrease when the price goes up?    Please please answer all subparts. I will really upvote. Thanks

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