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:

Singapore

An island city-state off southern Malaysia, known for its global financial center, multicultural population, and strong economy.

Japan

An island country in East Asia known for its rich cultural heritage, technological innovation, and distinctive blend of traditional and modern influences.

Absolute Advantage

A monopoly that exists when a country is the only source of an item, the only producer of an item, or the most efficient producer of an item.