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P Is the Price Per Unit in Dollars and Q

Question 121

Multiple Choice

p is the price per unit in dollars and q is the number of units. If the demand and supply functions for a product are p is the price per unit in dollars and q is the number of units. If the demand and supply functions for a product are   and   , respectively, find the tax per unit t that will maximize the tax revenue T. Round your answer to the nearest cent. A) $406.10 per item B) $393.90 per item C) $407.50 per item D) $387.19 per item E) $400.00 per item and p is the price per unit in dollars and q is the number of units. If the demand and supply functions for a product are   and   , respectively, find the tax per unit t that will maximize the tax revenue T. Round your answer to the nearest cent. A) $406.10 per item B) $393.90 per item C) $407.50 per item D) $387.19 per item E) $400.00 per item , respectively, find the tax per unit t that will maximize the tax revenue T. Round your answer to the nearest cent.


A) $406.10 per item
B) $393.90 per item
C) $407.50 per item
D) $387.19 per item
E) $400.00 per item

Correct Answer:

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