Business, 26.11.2019 22:31 arrichardson787

The demand for yams is given by q=5000−20p2, where q is in pounds of yams and p is the price of a pound of yams. (a) at a price of $3 per pound, what is the total revenue for the yam farmer? the total revenue for the yam farmer is $ . (b) write revenue as a function of price, and then find the price that maximizes revenue. r(p)= round your answer to two decimal places. revenue is maximized at price of $ per pound. (c) what quantity is sold at the price you found in part (b), and what is the total revenue? round your answers to two decimal places. the quantity sold is , and the total revenue is $ . (d) what is the elasticity when revenue is maximized? round your answer to the nearest integer. e=

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The demand for yams is given by q=5000−20p2, where q is in pounds of yams and p is the price of a po...

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