Question: Please answer each question with step by step solutions 2. A company finds the demand k (in thousands) for their kites to be k =

Please answer each question with step by step solutions

2. A company finds the demand "k" (in thousands) for their kites to be k = 400 - p at a price of p dollars. a) (3 points) Find the elasticity of demand when the price is $15 b) (2 points) Find the price that will maximize the company's revenue 3. (4 points) Sketch the graph of a function f that meets the following criteria: lim f (x) = 0 x-0- 3- lim f (x) = 4 x-0+ lim f(x) = -4 x- -2 lim f(x) = 1 x- -2+ -5 -3 -2 -1 o 1 2 3 4 N
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