Question: If the demand, q , is q = 1.5 . (200 -p) 2, (a) What is the elasticity E in terms of p ? (b)

If the demand, q , is q = 1.5 . (200 -p) 2, (a) What is the elasticity E in terms of p

to the price to increase revenue?(a)E= + (b) The price should be

If the demand, q , is q = 1.5 . (200 -p) 2, (a) What is the elasticity E in terms of p ? (b) if the price, p = 180 , what should happen to the price to increase revenue?(a)E= + (b) The price should be to maximize revenue. raised lowered not changed

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