q=-2p+200 find the demand equation express the total revenue R as a function of the price p per item. determine the price p that maximizes total revenue
q=-2p+200 find the demand equation express the total revenue R as a function of the price p per item. determine the price p that maximizes total revenue
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter3: Demand Analysis
Section: Chapter Questions
Problem 5E
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q=-2p+200
find the
determine the price p that maximizes total revenue
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