300 (p+2)² For the demand function q = D(p) = a) The elasticity b) The elasticity at p = 5, stating whether the demand i
Posted: Mon Jul 11, 2022 10:53 am
300 (p+2)² For the demand function q = D(p) = a) The elasticity b) The elasticity at p = 5, stating whether the demand is elastic, inelastic or has unit elasticity c) The value(s) of p for which total revenue is a maximum (assume that p is in dollars) find the following. "