The weekly sales of Honolulu Red Oranges is given by  q = 840 − 20p.  Calculate the price elasticity of demand when the price is $28 per orange (yes, $28 per orange†).   Interpret your answer. The demand is going     by  % per 1% increase in price at that price level. Also, calculate the price that gives a maximum weekly revenue. $  Find this maximum revenue. $

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