Question: For the demand function q = D(p) = 462 -p, find the following. Ibmi a) The elasticity b) The elasticity at p =92, stating whether

 For the demand function q = D(p) = 462 -p, find

For the demand function q = D(p) = 462 -p, find the following. Ibmi a) The elasticity b) The elasticity at p =92, stating whether the demand is elastic, inelastic or has unit elasticity c) The value(s) of p for which total revenue is a maximum (assume that p is in dollars) a) Find the equation for elasticity. E(p) =

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