Question: In this problem, p is the price per unit in dollars and q is the number of units. If the demand and supply functions of

In this problem, p is the price per unit in dollars and q is the number of units. If the demand and supply functions of a product are

p = 4700 23q 0.7q2 and p = 500 + 10q + 0.3q2,

respectively, find the tax per unit t that will maximize the tax revenue T.

t = $ /item

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