1. A place sells limited-edition painting by Alex Young. If each painting is priced at $p, the place can sell using the equation q=500 - 2p prints 1a.R' (p) = ? 1b. To ensure maximum revenue, the paintings should be priced at p = 1c. E (p) = ?

2. a place sells cookies for $p. Demand is related to price using the equation 2q+p^2 = 48 2a.Price elasticity of demand E (p) = ? 2b. If the place currently sells cookies for four dollars a bag, will a small increase in price cause revenue to increase or decrease?

3. Rose was selling designer earrings on amazon for six dollars each. She sold ninety earrings per month at six dollars each. One month she raised the price by a dollar and sold ten fewer earrings. Assuming a linear relationship continues between price increase and sales, what should she charge in order to get max revenue?