For each of the following demand functions, assume that the price p must be greater than 0 and less than or equal to 100. For each demand function, determine all prices at which demand is elastic and...

For each of the following demand functions, assume that the price p must be greater than 0 and less than or equal to 100. For each demand function, determine all prices at which demand is elastic and all prices at which demand is inelastic. For each demand function, what price would you recommend the business use?

• q(p)=100-p


• q(p)=216+(100/p)