Maximum Revenue When a wholesaler sold a product at $50 per unit, sales were 180 units per week. After a price increase of $5, however, the average number of units sold dropped to 165 per week. Assuming that the demand function is linear, what price per unit will yield a maximum total revenue?

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

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A: Maximum revenue at a price = $53

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