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You can retry this question below The pounds of bananas sold each week at all Metro Seattle Alberstons stores as a function of price, p,

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You can retry this question below The pounds of bananas sold each week at all Metro Seattle Alberstons stores as a function of price, p, in dollars/pound(lb. ) is given by q(p) = 100el.5(5-p) 1. What is the price elasticity of demand for bananas at $.20/lb. ? .3 (nearest 0.01) Bananas are ( inelastic at that price? 2. What is the price elasticity of demand for bananas at $1/lb. ? |1.5 Bananas are elastic at that price? 3. At what price is the maximum revenue per week achieved? dollars +/- $0.01 4. What is that maximum revenue per week? | 44342.7755363 dollars 5. How many pounds will be sold each week at that optimal price (nearest pound) Question Help: Video Submit Question 11 JUL 21 4 MacBook Pro

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