P Is the Price Per Unit in Dollars and Q

question 59

Multiple Choice

p is the price per unit in dollars and q is the number of units. The monthly demand function is and the supply function before taxation is Find what tax per item will maximize the total revenue and use this to find the maximum tax revenue. ​

• A) $2,176
• B) $962
• C) $1,924
• D) $916
• E) $1,504

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