The demand curve for original Iguanawoman comics is given by (489-p)2 (0 s p ≤ 489), 50 9- where q is the number of coples 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 $35 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? Need Help? Raad It Watch it

The demand curve for original Iguanawoman comics is given by (489-p)2 (0 s p ≤ 489), 50 9- where q is the number of coples 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 $35 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? Need Help? Raad It Watch it

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter8: Functions

Section8.7: Direct And Inverse Variation

Problem 36PS

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Find the slope ofthe line in Figure l.

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