Suppose the Weekly Demand for a Product Is Given by

question 24

Multiple Choice

Suppose the weekly demand for a product is given by and the weekly supply before taxation is given by . Find the tax per item that produces maximum tax revenue. Round your answer to the nearest cent. ​

• A) $146.25 tax per item
• B) $132.05 tax per item
• C) $124.80 tax per item
• D) $139.20 tax per item
• E) $117.45 tax per item

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Definitions:

Sophisticated Electronic Equipment

Advanced electrical devices that incorporate complex systems and technology for specific high-level functions.

Low-Volume

Referring to the production or manufacture of goods in small quantities, typically associated with specialized or customized products and requiring more flexible production processes.

High-Variety Processes

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Time-Function Mapping

A visualization tool that illustrates the flow of time and processes to improve manufacturing or service operations.