For each of the following demand functions, find (a) E, and (b) Values of q (if any)
Question:
For each of the following demand functions, find
(a) E, and
(b) Values of q (if any) at which total revenue is maximized.
q = 37,500 - 5p2
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a b When R is maximum q1 E 0 Since q 0 ...View the full answer
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