Assume demand for a product obeys the function: D(p)=300−4p\displaystyle {D}{\left({p}\right)}=\sqrt{{{300}-{4}{p}}},

Find the Elasticity of Demand at a price of $51. Give your answer to three decimal places.

E(51) =  

At this price, we would say the demand is:



Based on this, to increase revenue we should:

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