If the Demand Function for Tickets to a Play Is

question 76

Multiple Choice

If the demand function for tickets to a play is q = 3,800 - 95p, at what price will total revenue be maximized?

• A)$80
• B)$40
• C)$20
• D)$10
• E)none of the above.

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Definitions:

Conduction

The process through which heat or electricity is directly transmitted through a substance when there is a difference of temperature or of electrical potential.

Cork Cambium

A layer of tissue in plants that produces cork cells to form bark and protect the plant.

Periderm

A protective tissue in plants that replaces the epidermis in secondary growth, found in stems and roots of woody plants.

Epidermis

The outermost layer of cells in the skin and plants, serving as a protective barrier against environmental threats.