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The short term demand for a product can be approximated by q=D(p)=175(100−p2) where p represents the...

The short term demand for a product can be approximated by q=D(p)=175(100−p2) where p represents the price of the product, in dollars, and q is the quantity demanded. (a) Determine the elasticity function. E(p)= _______ equation editorEquation Editor (b) Use the elasticity of demand to find the price which maximizes revenue for this product p= ______ equation editorEquation Editor dollars. Round to two decimal places.

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