You are a division manager at Toyota. If your data analytics department estimates that the semiannua demand for the Highlander is P = 150,000 - 1.5Q, what price should you charge in order to maximize revenues from sales of the Highlander?

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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You are a division manager at Toyota. If your data analytics department estimates that the semiannual
demand for the Highlander is P = 150,000 – 1.5Q, what price should you charge in order to maximize
revenues from sales of the Highlander?
Transcribed Image Text:You are a division manager at Toyota. If your data analytics department estimates that the semiannual demand for the Highlander is P = 150,000 – 1.5Q, what price should you charge in order to maximize revenues from sales of the Highlander?
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