P Is the Price Per Unit in Dollars and Q

question 121

Multiple Choice

p is the price per unit in dollars and q is the number of units. If the demand and supply functions for a product are and , respectively, find the tax per unit t that will maximize the tax revenue T. Round your answer to the nearest cent.

• A)$406.10 per item
• B)$393.90 per item
• C)$407.50 per item
• D)$387.19 per item
• E)$400.00 per item

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