At one Wendy's restaurant, the daily demand for cheeseburgers is given by 200 q = = 200(1 + 0.75p²)-1 1+0.75p² where p is the price (in dollars) for a cheeseburger, and q is the number of cheeseburgers sold by the store in a single day. Obtain the formula for the price elasticity of demand when cheeseburgers a. are priced at p dollars each. b. )How much should this Wendy's charge for a cheeseburger to maximize daily revenue?

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