The elasticity of demand for a wigit is 2p E(p) = %3D 600 2p where p is the price (in dollars) of one wigit. a. At what price is the elasticity of demand unitary (unit)? Preview b. If the price increases by 3 % from $100 per wigit, what is the new price? Preview c. If the price increases by 3 % from $100 per wigit, what is the approximate percentage change in demar % decrease in demand Preview

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