Suppose that your company is the only one in a certain type industry, and you can determine the market price pe [4, 10. the market demand q satisfies a function in p given by q = -p^2+ 10p+24 (a) compute the price elasticity of demand, i. e. elpq(p), at p 8. interpret the result from approxima tion point of view. (b) write down the total revenue function in p. remember to define the domain (c) compute the derivative and the stationary points of the total revenue function from part (b) (d) show that, using the second derivative, the total revenue function from part (b) is concave (e) solve the maximum value of the total revenue function from part (b)