Question: (30 points) Jerry is a self-employed message therapist working from home. All of his costs are fixed, which means that to maximize his profit, all

(30 points) Jerry is a self-employed message therapist working from home. All of his costs are fixed, which means that to maximize his profit, all he needs to do is maximize revenue. Suppose that Jerry faces the following yearly demand function for an hour session: Q = 2,500 - 10P.

What is the profit-maximizing price Jerry should charge for his services? How many sessions will he do at this price?

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