Question: could you help solve this question The demand function of dog breeders for electric dog polishers is qb = max{200 p, 0}, and the demand

could you help solve this question

The demand function of dog breeders for electric dog polishers is qb = max{200 p, 0}, and the demand function of pet owners for electric dog polishers is go = max{904p, 0}. (1) At price 10, what is the price elasticity of dog breeders' demand for electric dog polishers? What is the price elasticity of pet owners' demand? (2) At what price is the dog breeders' elasticity equal to 1? At what price is the pet owners' elasticity equal to -1? (3) On a graph, draw the dog breeders' demand curve, the pet owners' demand curve, and the market demand curve, and label each clearly. (4) Find a nonzero price at which there is a positive total demand for dog polishers and at which there is a kink in the demand curve. What is the market demand function for prices below the kink? What is the market demand function for prices above the kink? (5) Where on the market demand curve is the price elasticity equal to 1? At what price will the revenue from the sale of electric dog polishers be maximized? If the goal is to maximize revenue, will electric dog polishers be sold to breeders only, to pet owners only, or to both

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