Given the demand function D(p)=300−4p2\displaystyle {D}{\left({p}\right)}={300}-{4}{p}^{{2}},

Find the Elasticity function

E(p)=\displaystyle {E}{\left({p}\right)}=  

Find the Elasticity of Demand at a price of $5

 

At this price, we would say the demand is:



Based on this, to increase revenue we should:

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