Question: For the demand function q = D(p)=339-p, find the following. a) The elasticity b) The elasticity at p = 108, stating whether the demand

For the demand function q = D(p)=339-p, find the following. a) The

For the demand function q = D(p)=339-p, find the following. a) The elasticity b) The elasticity at p = 108, 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)

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