Maximum Revenue When a wholesaler sold a product at $50 per unit, sales were 160 units per week. After a price increase of $5, however, the average number of units sold dropped to 140 per week. Assuming that the demand function is linear, what price per unit will yield a maximum total revenue?

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A: To find the point of equilibrium for the demand and supply equations.

Q: Maximum Revenue When a wholesaler sold a product at $50 per unit, sales were 180 units per week.…

A: when a wholesaler sold a product at $50 per unit, sales were 180 units per week. After price…

Q: Maximum Revenue When a wholesaler sold a product at $50 per unit, sales were 260 units per week.…

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Q: If quantity demand as a function of price is defined as Q = -2.5p + 150, what is the point price…

A: Since You have posted multiple questions, I answered the first one. Please Repost for other.

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Q: During the summer months Terry makes and sellsnecklaces on the beach. Last summer he sold the…

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Q: Find the equilibrium point of the demand and supply equations. Demand Supply p = 390 − 0.0003x p =…

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Q: The price p (in dollars) and the quantity q sold of a certain product obey the demand equation q=…

A: The demand equation is q=800−20p, 0≤p≤40 Here p is price in dollars and q is the quantity.

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Q: > QUESTION: The avetage ticket price for a concert at the opera house was Tshs 50. The average…

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Q: A company produces a special new type of TV. The company has fixed costs of $459,000, and it costs…

A: Fixed cost of company: $459000 Cost of production of each TV=$1000 Selling price of each TV when 850…

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A: Given query is to find the price for maximum profit.

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Q: Your underground used-book business is booming. Your policy is to sell all used versions of Calculus…

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Q: l yo A company produces a special new type of TV. The company has fixed costs of $481,000, and it…

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Q: You operate a gaming website, www.mudbeast.net, where users must pay a small fee to log on. When you…

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Q: Maximum Revenue when a wholesaler sold a producet at $50 per unit. sales were 224 units per veek.…

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