The demand curve for original Iguanawoman comics is given by q = (398 − p)2 50 (0 ≤ p ≤ 398), where q is the number of copies the publisher can sell per week if it sets the price at $p. (a) Find the price elasticity of demand when the price is set at $36 per copy. (Round your answer to two decimal places.)
The demand curve for original Iguanawoman comics is given by q = (398 − p)2 50 (0 ≤ p ≤ 398), where q is the number of copies the publisher can sell per week if it sets the price at $p. (a) Find the price elasticity of demand when the price is set at $36 per copy. (Round your answer to two decimal places.)
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CR: Review Problem Set
Problem 44CR
Related questions
Question
The demand curve for original Iguanawoman comics is given by
q =
(0 ≤ p ≤ 398),
| (398 − p)2 |
| 50 |
where q is the number of copies the publisher can sell per week if it sets the price at $p.
(a)
Find the price elasticity of demand when the price is set at $36 per copy. (Round your answer to two decimal places.)
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