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.)   (b) Find the price at which the publisher should sell the books to maximize weekly revenue. (Round your answer to the nearest cent.) $ (c) What, to the nearest $1, is the maximum weekly revenue the publisher can realize from sales of Iguanawoman comics? $

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter9: Quadratic Functions And Equations
Section9.6: Solving Quadratic Equations By Using The Quadratic Formula
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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.)
 
(b)
Find the price at which the publisher should sell the books to maximize weekly revenue. (Round your answer to the nearest cent.)
$
(c)
What, to the nearest $1, is the maximum weekly revenue the publisher can realize from sales of Iguanawoman comics?
$
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