Question: Please show work and to type out the answer also The demand function for a Christmas music CD is given by q= 0.65(650 - p2)

Please show work and to type out the answer also

The demand function for a Christmas music CD is given by q= 0.65(650 - p2) where q (measured in units of a hundred) is the quantity demanded per week and p is the unit price in dollars. "(a) Evaluate the elasticity at 12. E(12) = (b) Should the unit price be lowered slightly from 12 in order to increase revenue? yes v (c) When is the demand unitary? p= dollars yes no (d) Find the maximum revenue, Maximum revenue = hundreds of dollars

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