16. The Pampered Pooch sells high-end pet furniture, specializing in small breed dogs. The most popular item is the memory foam dog bed, with the following demand curve: Q = 18,800 224(P). While expensive, the bed comes with a washable cover and free shipping. Variable costs run at $40. At what quantity sold will total contribution margin be maximized? Round your answer to the nearest dog bed.

17. The Super Global International Food Market is filled with nuts, books, vegetables, fruits, rice, foreign DVDs, international magazines and more. Find foods from Armania, Turkey, Russia, India and beyond. The owner takes pride in offering fruits and vegetables at competitive prices. Super Global currently sells papaya for $1.75/pound. The company believes that $1.75 is its optimal price. The company's variable cost is $1.10/pound. Calculate the elasticity coefficent that would make $1.75/pound the optimal price. Round your answer to one decimal place.