Question: The demand function for drangles is q ( p ) = ( p + 1 ) - 2 . ( a ) What is the

The demand function for drangles is q(p)=(p+1)-2.
(a) What is the price elasticity of demand at price p?.
(b) At what price is the price elasticity of demand for drangles equal to -1?
(c) Write an expression for total revenue from the sale of drangles as a function of their price. Use calculius to find the revente-maximizing price, Don't forget to check the second-order condition.
(d) Suppose that the demand function for drangles takes the more general form q(p)=(p+a)-b where a>0 and b>1. Calculate an expression for the price elasticity of demand at price p. At what price is the price elasticity of demad equal to -1?
 The demand function for drangles is q(p)=(p+1)-2. (a) What is the

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