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Suppose the Weekly Demand Function Is and the Supply

Question 23

Multiple Choice

Suppose the weekly demand function is Suppose the weekly demand function is and the supply function before taxation is , determine what tax per item will maximize the total tax revenue? ​ A) $465/item B) $205/item C) $115/item D) $163/item E) $128/item and the supply function before taxation is Suppose the weekly demand function is and the supply function before taxation is , determine what tax per item will maximize the total tax revenue? ​ A) $465/item B) $205/item C) $115/item D) $163/item E) $128/item , determine what tax per item will maximize the total tax revenue? ​


A) $465/item
B) $205/item
C) $115/item
D) $163/item
E) $128/item

Correct Answer:

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