Question
A company is pursuing an aggressive growth strategy and therefore wants to maximize its revenue regardless of costs its analysis have estimated the demand function
A company is pursuing an aggressive growth strategy and therefore wants to maximize its revenue regardless of costs its analysis have estimated the demand function to be Q=280 -0.5p which price should the company charge given its goal?
a. $0
b.$50
c.$140
d.$280
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Quality Of The Environment An Economic Approach To Some Problems In Using Land, Water, And Air
Authors: Orris C Herfindahl, Allen V Kneese
1st Edition
1317386663, 9781317386667
