Mathematics, 19.10.2019 13:00, Falconpride4079

The demand curve for the original iguanawoman comics is given by q=(400-p)^2/100
where q is the number of copies the publisher can sell per week if it sets the price at $p.

(a) find the price elasticity of demand when the price is set at $40 per copy.

(b) find the price at which the publisher should sell the books in order to maximize weekly revenue.

(c) what, to the nearest $1, is the maximum weekly revenue the publisher can realize from sales of iguanawoman comics?

Answers: 3

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The demand curve for the original iguanawoman comics is given by q=(400-p)^2/100
where q is th...