Question: HW-24-Elasticity Section 4.10: Problem 8 Previous Problem List Next (1 point) The demand for a product can be approximated by q = D(p) = 100e

HW-24-Elasticity Section 4.10: Problem 8 Previous Problem List Next (1 point) The demand for a product can be approximated by q = D(p) = 100e .UP, where p represents the price of the product, in dollars, and q is the quantity demanded. (a) Find the elasticity function: E(p) = (b) Evaluate the elasticity at 9. E(9) = (c) Should the unit price be raised slightly from 9 in order to increase revenue? ? V (d) Use the elasticity of demand to find the price p which maximizes revenue for this product. p = Round to three decimal places as needed

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