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Assuming that a rail company has the following linear demand relationship: p = 20 - 0.04q, where p is the route fare and q is

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Assuming that a rail company has the following linear demand relationship: p = 20 - 0.04q, where p is the route fare and q is the number of hourly sold tickets. Find the total revenue associated with each (p, q) pair and indicate when its maximum value is reached. In addition, specify the pq zones under which the point elasticity is elastic and inelastic

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