Question: The demand functions for two goods are given below. p1, p2, q1 and q2 are the prices (in dollars) and quantities for products 1 and

The demand functions for two goods are given below. p1, p2, q1 and q2 are the prices (in dollars) and quantities for products 1 and 2.

q1=500-2p1+p2

q2=250+p1-p2

Are these two products complementary goods or substitute goods? Find the price and quantity that maximizes the total revenue.

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