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The demand function for a certain children bicycle is given by x=10(((50-p)/p))^(1/2).

where x is the quantity demanded per week and p (0 < p < 50) is the unit price in dollars.

(a) Evaluate the elasticity at 40.

(b) Should the unit price be raised slightly from 40 in order to increase revenue? Enter 1 for Yes or 2 for No .

(c) When is the demand unitary.

(d) What is the maximum revenue?

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