Question: MODULE IS BASED ON IMPLICIT DIFFERENTIATION AND LOGARITHMIC DIFFERENTIATION The demand equation for a product is q =600 - 45p+ p If the price of

MODULE IS BASED ON IMPLICIT DIFFERENTIATION AND LOGARITHMIC DIFFERENTIATION

The demand equation for a product is q =600 - 45p+ p If the price of $15 is increased by 1%, find the corresponding percentage change in revenue. If the price of $15 is increased by 1%, the approximate change in revenue is %% . (Do not round until the final answer. Then round to two decimal places as needed.)

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