In this problem, p is the price per unit in dollars and q is the number of units. If the weekly demand function is p = 42 – q and the supply function before taxation is p = 10 + 3q, what tax per item will maximize the total revenue? /item
In this problem, p is the price per unit in dollars and q is the number of units. If the weekly demand function is p = 42 – q and the supply function before taxation is p = 10 + 3q, what tax per item will maximize the total revenue? /item
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section3.2: Zeros Of Linear Fumctions
Problem 57PFA
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![In this problem, p is the price per unit in dollars and q is the number of units.
If the weekly demand function is p = 42 – q and the supply function before taxation is p = 10 + 3g, what tax per item will maximize the total revenue?
/item](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8d1a13fb-a8b2-409a-91a5-871cfa4c9f1c%2Fc80ac069-11ec-4243-b8a2-06d493c40c66%2Fl7icgdo_processed.png&w=3840&q=75)
Transcribed Image Text:In this problem, p is the price per unit in dollars and q is the number of units.
If the weekly demand function is p = 42 – q and the supply function before taxation is p = 10 + 3g, what tax per item will maximize the total revenue?
/item
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