A Question $23(1$ point$)$ Retake question

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q$($p$)=10000$ e$^\{-0\mathrm{.}01$ p$\}$

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Suppose the demand of a product, $\backslash (\backslash$boldsymbol$\{$q$\}(\backslash$boldsymbol$\{$p$\})\backslash ),$ is defined above.

$1.$ Compute the elasticity of the demand when the price is $\backslash (\backslash$$ $340\backslash ).$

$2.$ Is the demand elastic or inelastic at that price?

$3.$ If the price goes up by $\backslash (10\backslash \%\backslash ),$ compute the decrease in the demand in $\backslash \%.$ SUBMIT THIS ANSWER BELOW with $3$ units of precision.

$4.$ If we increase the price, are we going to increase or decrease the revenue?

Supposons que la demande d'une fonction, $\backslash (\backslash$boldsymbol$\{$q$\}($p$)\backslash ),$ est d$$finie ci$-$haut.

$1.$ Calculer l$\text{'}$lasticit$$ de la demanded lorsque le prix de vente est $340\backslash$$$.$

$2.$ Est$-$ce que la demande est $$lastique ou in$$lastique$.$

$3.$ Si le prix de vente augmente de $\backslash (10\backslash \%\backslash ),$ calculer la diminution de la demande en $\backslash \%.$ SOUMETTRE LA R$$PONSE CI$-$BAS avec $3$ d$$cimales de pr$$cisions$.$

$4.$ Si on augmente le prix, est$-$ce que le revenu va augmenter ou diminuer?

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