The Demand for Rubies at Royal Ruby Retailers Is Given

question 80

Short Answer

The demand for rubies at Royal Ruby Retailers is given by where p is the price RRR charges (in dollars)and q is the number of rubies RRR sells per week. At what price should RRR sell its rubies to maximize its weekly revenue? Please enter your answer in dollars without the units.

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Definitions:

Schizophrenia

A mental disorder characterized by disturbances in thought, perception, and behavior, manifesting in symptoms such as hallucinations, delusions, and disorganized speech.

Phenothiazines

A class of antipsychotic drugs used to treat mental disorders such as schizophrenia, bipolar disorder, and severe anxiety by affecting neurotransmitter levels in the brain.

Neuroleptics

Drugs used to treat psychotic symptoms.

Neurotransmitters

Chemicals that transmit signals across a synapse from one neuron to another in the nervous system.