Question: Suppose the demand and supply functions for a product are respectively, where p is in dollars and q is the number of units. Find the
Suppose the demand and supply functions for a product are respectively, where p is in dollars and q is the number of units. Find the tax per unit t that will maximize the tax revenue T, and find the maximum tax revenue.
and p= 400 + 2q p= 2800 8q 3
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