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Q5. (2 Points) Internet rentals affect Klix Video in such a way that the demand...

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Q5. (2 Points) Internet rentals affect Klix Video in such a way that the demand for rentals of its D V Ds changes to qD(x)30-5x (a) Find the quantity demanded when the price is $2 per rental, $3 per rental, and $5 per rental. (b) Find the elasticity of demand as a function of x (c) Find the elasticity at x2,x -3, andx-5. Interpret the meaning of these values. (d) Find the value of x for which E(x) 1. Interpret the meaning of this price. (e) Find the total-revenue function, R(x)-x D(x) (f) Find the price x at which total revenue is a maximum

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