# How to maximize total revenue on constant elasticy curve

So to maximize total revenue, we sell at the price on the demand elasticity curve where elasticity=1 right? Lets say on one curve, the elasticity throughout the curve is equal to 1.5? How much should we decrease the price?

• (-1) This question does not show any research effort. If one understands the logic behind the elasticty 1 thing, one can answer the question easily. – Giskard Nov 4 '19 at 6:24
• Elasticity is not constant even with a linear demand curve. – Brennan Nov 4 '19 at 7:27

Pick any point on the demand curve. If you were to increase price by $$x$$ percent, the quantity sold will decrease by $$1.5x$$ percent.
Move your point $$x$$ in the direction that will increase your TR. Do the same thing over and over again. This link might also help you visualize and understand more.