Business, 19.12.2019 04:31 hailey2910
The consumer demand equation for tissues is given by q = (98−p^2), where p is the price per case of tissues and q is the demand in weekly sales.(a) determine the price elasticity of demand when the price is set at $27. (round your answer to three decimal interpret your answer.(b) at what price should tissues be sold in order to maximize the revenue? (round your answer to the nearest ) approximately how many cases of tissues would be demanded at that price? (round your answer to the nearest whole number.)
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The consumer demand equation for tissues is given by q = (98−p^2), where p is the price per case of...
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