frankie666
19.10.2019 •
Mathematics
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?
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Ответ:
Demand curve: q = (400-p)^2 / 100
where:
q = the number of copies the publisher can sell per week at $p
p = price of the copies
a) Find the price elasticity of demand when the price is set at $40 per copy
substitute p = $40
q = (400-40)^2 / 100
Therefore,
q = 1296
Ответ:
x = 1
y = 2
Step-by-step explanation:
Hope it is helpful....