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(Solved): anwser the question and show your work please & please solve it in a timely manner and anwser al ...
anwser the question and show your work please & please solve it in a timely manner and anwser all the questions
The demand curve for the original Math is Fun t-shirt is given by: q=100−10p21 where q is the number of t shirts that Mr. Mac can sell per week if it sets the price at p. a. Find the price elasticity of demand when the price is set at $49.00 per shirt. b. Is the demand elastic or inelastic at the price given in part a. What does that mean for adjusting the pricing? c. Find the price at which the Mr. McInturff should sell the t-shirts to maximize weekly revenue. d. What, to the nearest dollar, is the maximum weekly revenue the publisher can realize from sales of Math is Fun t-shirts?