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The demand function for a product marketed by a company is p = (80-D) / 4, where D is the number of units and p is the price per unit. The maximum revenue is $ Blank 1.

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter12: More Realistic And Complex Pricing

Section: Chapter Questions

Problem 12.1IP

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The demand function for a product marketed by a company is p = (80-D) / 4, where Dis the number of units and p is the price per
unit.
The maximum revenue is $ Blank 1.

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