Question: For the demand function q = D(p) = 1/ 372 - p. nd the following. a) The elasticity b) The elasticity at p = 84,

For the demand function q = D(p) = 1/ 372 - p. nd the following. a) The elasticity b) The elasticity at p = 84, stating whether the demand is elastic inelastic or has unit elasticity c) The value(s) of p for whichtotal revenue is a maximum (asSiI he that p is in dollars) -E)- a) Find the equation for elasticity. Etp) = D b) Find the elasticity at the given price, stating whether the demand is elastic, inelastic or has unit elasticity. E(84) = 1:1 (Simplify your answer. Type an integer or a fraction.) Is the demand elastic. inelastic. or does it have unit etasticity? O elastic 0 unit elasticity O inelastic c) Find the value(s) of p for which total revenue is a maximum (assume that p is in dollars)

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