Question: Problem. (4x25=100pts) Given the demand function q = f(p) = 1H600 2p2, where q is demand at a price 1:), answer to the following: 3)

Problem. (4x25=100pts) Given the demand function q = f(p) = 1H600 2p2, where q is demand at a price 1:), answer to the following: 3) Find the elasticity of demand, E. b) Find values of p for which demand is elastic. c) Find values of p for which demand is inelastic. d) What price results in the maximum revenue? What is the maximum revenue

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