Pls do fast within 5 minutes and i will give like for sure Solution must be in typed form The demand equation for the Roland portable hair dryer is given as follows where x (measured in units of a hundred) is the quantity demanded per week and p is the unit price in dollars. (a) Is the demand elastic or inelastic when p = 8? a)elastic b)inelastic Is the demand elastic or inelastic when p = 10? a)elastic b)inelastic (b) When is the demand unitary? (Round your answer to two decimal places.) (Hint: Solve E(p) = 1 for p.) p = (c) If the unit price is lowered slightly from $10, will the revenue increase or decrease? a )increase b) decrease (d) If the unit price is increased slightly from $8, will the revenue increase or decrease? a) increase b) decrease

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