Question: 8. The demand function for a product is modeled by p(x) = 960-x,0 5 x $ 960 where p is the price per unit (in

8. The demand function for a product is modeled by p(x)

8. The demand function for a product is modeled by p(x) = 960-x,0 5 x $ 960 where p is the price per unit (in dollars) and x is the number of units. (a) Find the elasticity of demand as a function of x. (b) Find the value of x for which the demand has a unit elasticity. Find the maximum revenue

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