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    Principles of Macroeconomics Study Set 8
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    Exam 5: Elasticity and Its Applications: Part A
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    Suppose Demand Is Given by the Equation
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Suppose Demand Is Given by the Equation

Question 15

Question 15

Essay

Suppose demand is given by the equation:
Suppose demand is given by the equation:    At what price will total revenue be maximized?
At what price will total revenue be maximized?

Correct Answer:

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Total revenue will be maximize...

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