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In her spare time, your colleague is selling novelty hats on Etsy. The hats are currently priced at $35/hat. Your colleague is not happy with
In her spare time, your colleague is selling novelty hats on Etsy. The hats are currently priced at $35/hat. Your colleague is not happy with her current revenue stream and asks you for advice. You estimate that the demand for her hats is: Q = 600 - 10P. If your colleague is looking to maximize revenue, how should she price the hats
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