Question: for the following demand function, find a. E and b. the values of q (if any) at which total revenue is maxmized. q= 36400-9p^2 a
for the following demand function, find a. E and b. the values of q (if any) at which total revenue is maxmized.
q= 36400-9p^2
a determine the elasticity of demand E
E= (type an expression using p as the variable.)
b determine the value of q that maxmimzes the reveune.
total reveune is maxmized at about q=
(round the nearest whole number as needed.)
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