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Author Question: A CD store determines the following demand function for a particular CDwhere q = the number of CDs ... (Read 39 times)

crobinson2013

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on: Jun 16, 2021

Question 1

A CD store determines the following demand function for a particular CD

 

where q = the number of CDs sold per day when the price per CD is x dollars.   At what price is the revenue a maximum?  Round your answer to the nearest dollar.
◦ $12
◦ $18
◦ $13
◦ $15

Question 2

A CD store determines the following demand function for a particular CD

 

where q = the number of CDs sold per day when the price per CD is x dollars.  Find the elasticity at a price of $12 per CD and state whether the demand is elastic or inelastic.
◦ 0.05; elastic
◦ 0.05; inelastic
◦ 0.54; inelastic
◦ 0.54; elastic
Calculus and Its Applications ¦ Bittinger, Ellenbogen, Surgent ¦ 11th Edition
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Marked as best answer by crobinson2013 on Jun 16, 2021

snackralk

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Reply #1 on: Jun 16, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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crobinson2013

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Reply 2 on: Jun 16, 2021
YES! Correct, THANKS for helping me on my review

AmberC1996

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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