Question: 2 / 0 . 4 5 Points ] 1 / 5 Submissions Used The demand function for a product is given below. x = 4

2/0.45 Points]
1/5 Submissions Used
The demand function for a product is given below.
x=4xpx=
p=$xp=40-5x,0
(a) Find the price elasticity demand when x=4.
(b) Find the values ofx and p that maximize the total revenue.
x=
p=$
(c) For the value ofx found in part (b), find the price elasticity of demand.
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