1/ 30 answered Question 22 Best buy can sell 1,200 Sony 40 inch flat screen TV's per week nationally if the price is set at $950, and 1,450 TVs if the price is $850 each, Using a LINEAR demand model 1. What is the price elasticity of demand for this TV at Best Buy if the price is $640? (nearest 0.01) 2. The TVs are A. Elastic, B. Inelastic Select an answer @ at that price? 3. What is the price elasticity of demand for this TV at Best Buy if the price is $1000? (nearest 0.01) 4. The TVs are A. Elastic, B. Inelastic Select an answer @ at that price? 5. At what price is the maximum revenue per week achieved? nearest 1$ 6. What is that maximum revenue per week? nearest $1,000 round up/ to nearest 7. How many TVs will be sold each week at that optimal price TV Submit Question 1 JUL 117 23 A