a) A hrm faces the demand cunwe p =100=50 5Q 2
. What level of Droduction maximizes peroft b) Assume that we have another firm: P=12 when profit is maximized and TC=3+4Q. Find the elavticity at this price wore ootimat markup rule. ( 9 points) c) Assume that John inherits 80 calculators. He can sell these calculators in two maknts dinecth th students on campus, and sell them online. Here are the two demand equations: Student Demand: P s
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=400−3Q s
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P 0
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=550−4Q 0
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Online Demand: If John's goal is to maximize total revenue, how many calculators will he sell to students on campus? How many calculators will he sell online?