When a wholesaler sold a product at $30 per unit, sales were 350 units per week. After a price increase of $5, however, the average number of units sold dropped to 325 per week. Assuming that the demand function is liner, what price per unit will yield a maximum total revenue?  $=

Q: What is the price that will maximize total revenue, given the demand function P= 2.6 e 0.04Q? O A.…

A: The objective is to find the price that maximizes the total revenue.

Q: When a wholesaler sold a product at $40 per unit, sales were 330 units per week. After a price…

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A: p=400-0.02xat p =130130=400-0.02x0.02x=270x=2700.02=13500x=13500TE=px =130(13500)TE=1755000

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Q: When a wholesaler sold a product at $30 per unit, sales were 280 units per week. After a price…

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Q: When a wholesaler sold a product at $50 per unit, sales were 240 units per week. After a price…

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