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? $

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
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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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