Answer the following. Fill in the blanks. (results to two decimal places) The demand for the Best Sellers THE QUEEN'S SECRETS is given q = 1185-17 * p where p is the price in dollars charged for books and q is the number of books sold per month. a) The price elasticity of demand E = b) If the price is set at $ 20, the elasticity is equal to and the demand is (* decreasing or increasing) by of by 1% increase in price. (* if it is decreasing write -1 and if it is increasing write +1) c) Find the price at which monthly income is maximized. What is the maximum monthly income? The price ($) that maximizes monthly income is equal to and the maximum monthly income ($) is equal to