milkcap1
19.08.2020 •
Mathematics
The consumer demand equation for tissues is given by q = (94 − p)2, where p is the price per case of tissues and q is the demand in weekly sales. (a) Determine the price elasticity of demand E when the price is set at $33. (Round your answer to three decimal places.) E = 1.082 Interpret your answer. The demand is going down by 1.082 % per 1% increase in price at that price level. (b) At what price should tissues be sold in order to maximize the revenue? (Round your answer to the nearest cent.) $ (c) Approximately how many cases of tissues would be demanded at that price? (Round your answer to the nearest whole number.) cases per week
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Ответ:
7
Step-by-step explanation:
2l + 2w = 16
2 (l + w) = 16
l + w = 8
l = 8 - w
l = 7