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Answer the following question with a clear explanation. Show any steps or processes used to reach the answer. Currently, the demand equation for pet hamsters
Answer the following question with a clear explanation. Show any steps or processes used to reach the answer. Currently, the demand equation for pet hamsters is Q = 40 3P. The current price is $10 per pet hamster. Is this the best price to charge in order to maximize revenues? If not, what is?
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