Assume the Demand Curve for T-Shirts Is Q = 180

question 1

Multiple Choice

Assume the demand curve for t-shirts is Q = 180 - 15P or P = 12 - .0667 Q. When are total revenues maximized?

• A) When the price is $3.00.
• B) When the price is $6.00.
• C) When the price is $8.00.
• D) When the price is $6.66

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Definitions:

Non-polar Covalent

A type of chemical bond where two atoms share a pair of electrons with each other equally, resulting in no charge separation across the bond.

N-Br Bond

A chemical bond formed between nitrogen (N) and bromine (Br) atoms, often found in organic compounds such as amine-bromine derivatives.

Polar Covalent

A type of chemical bond where a pair of electrons is unequally shared between two atoms, leading to a distribution of electric charge more concentrated around one atom.

Electronegativity Difference

The measure of the difference in electronegativity values between two atoms in a bond, determining the bond's character as ionic, polar covalent, or nonpolar covalent.