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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Emotional Intelligence

The ability to recognize, understand, and manage one's own emotions as well as the emotions of others.

Practical Intelligence

The ability to solve everyday problems through the use of experiential knowledge and skills.

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The ability to understand, learn, and apply language effectively.

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The ability to use learned knowledge and experience, which typically increases or remains stable with age.