Question: I don't understand how to solve. Please show in step by step and what formula is used. I need to be able to do it
I don't understand how to solve. Please show in step by step and what formula is used. I need to be able to do it with other problems. Please help, thank you!

You are a division manager at Toyota. If your marketing department estimates that the semiannual demand for the Highlander is Q = 150,000 - 1.5P, what price should you charge in order to maximize revenues from sales of the Highlander
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