In Problem, p is the price per unit in dollars and q is the number of units.
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In Problem, p is the price per unit in dollars and q is the number of units. If the weekly demand function is p = 30 - q and the supply function before taxation is p = 6 + 2q, what tax per item will maximize the total tax revenue?
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Related Book For
Mathematical Applications For The Management, Life And Social Sciences
ISBN: 9781337625340
12th Edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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