The Weekly Sales in Honolulu Red Oranges Is Given by the Following

question 82

Multiple Choice

The weekly sales in Honolulu Red Oranges is given by the following. $q = 950 - 19 p$
Calculate the price that gives a maximum weekly revenue. Round your answer to the nearest cent.

• A)$50.00
• B) $26.00
• C) $25.00
• D) $27.00
• E) $12.50

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Definitions:

Economical

Pertains to the efficient use or management of resources to avoid waste and reduce expenses.

Alternative Energy

Sources of energy that are considered environmentally friendly and sustainable, alternative to conventional fossil fuels, such as solar, wind, and hydroelectric power.

Elasticity of Demand

Investigating the degree to which demand for a good is affected by its price dynamics.

Energy Source

A point or substance from which energy can be obtained to provide heat, light, power, or other forms of energy.