Pasternack Corporation recently changed the selling price of one of its products.Data concerning sales for comparable periods before and after the price change are presented below. 
The product's variable cost is $23.10 per unit.
Required:
a Compute the product's price elasticity of demand as defined in the text.
b.Compute the product's profit-maximizing price according to the formula in the text.
Definitions:
Employment Interview
A formal meeting between a job applicant and a potential employer to assess the applicant's qualifications and suitability for a position.
Successful Stages
Key phases or steps in a process that are critical to achieving a desired outcome or success.
Salary Discussion
Conversations or negotiations regarding the compensation for employment, focusing on wages or salary levels.
Lasting Impression
A memorable impact or feeling that remains with someone long after the experience.
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