Question: For the demand function q = D(p) = 326 - p, The elasticity The elasticity at p = 86, stating whether the demand is elastic,

 For the demand function q = D(p) = 326 - p,

For the demand function q = D(p) = 326 - p, The elasticity The elasticity at p = 86, stating whether the demand is elastic, inelastic or has unit elasticity The value(s) of p for which total revenue is a maximum (assume that p is in dollars) Find the equation for elasticity. Find the elasticity at the given price, stating whether the demand is elastic, inelastic or has unit elasticity. Is the demand elastic, inelastic, or does it have unit elasticity? Find the value(s) of p for which total revenue is a maximum (assume that p is in dollars)

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