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The Demand Curve for a Product Is Given by

Question 27

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The demand curve for a product is given by The demand curve for a product is given by . A. Write revenue as a function of price and take its derivative to find the price (to the nearest cent) that will maximize revenue. B. Find the elasticity (to two decimal places) at the price you found in part A. .
A. Write revenue as a function of price and take its derivative to find the price (to the nearest cent) that will maximize revenue.
B. Find the elasticity (to two decimal places) at the price you found in part A.

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