Suppose that the Q-P demand curve for a commodity is Q = 100/P. (a) Graph the Q-P

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Suppose that the Q-P demand curve for a commodity is Q = 100/P.
(a) Graph the Q-P curve.

(b) Determine the optimum revenue.

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Operations Research An Introduction

ISBN: 9780137625727

11th Edition

Authors: Hamdy A. Taha

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Question Posted: Feb 23, 2023 07:45 AM

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Suppose that the Q-P demand curve for a commodity is Q = 100/P. (a) Graph the Q-P

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a b R P100P100 for all P Revenue is uncha...View the full answer

Operations Research An Introduction

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