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q=55.4−0.024ρ a. Find the elasticity when the price is $166.84. E= (Round to the nearest thousandth as needed.) b. Is th
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q=55.4−0.024ρ a. Find the elasticity when the price is $166.84. E= (Round to the nearest thousandth as needed.) b. Is th
q=55.4−0.024ρ a. Find the elasticity when the price is $166.84. E= (Round to the nearest thousandth as needed.) b. Is tho domand for airfare elastic of inelastic at this price? The demand for airfare at $166.84 is c. Find the prioe that maximizes revenue.
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