In honor of the 1992 Bronze winning Lithuanian men's basketball team, you have been selling tiedye Skullman t-shirts on eBay. You are currently selling the t-shirts with a "Buy It Now" price of $25 (i.e., there is no bidding, customers can only purchase at this price). Suppose you also know that the demand for your t-shirts is described by Q = 500 - 2P (and inverse demand is described by P = 250 - 0.5Q). If your goal were to maximize revenue, what should you do?

n - Summer X ackboard.jhu.edu/webapps/assessment/take/launch.jsp? course_assessment_id=_200536_1&course_id=_257346_1&content_id=_11600064_1&step=null asha Alleyne C Home - Canva Transitions Premier... Download Stock Ph.. Academy of Film, F... O0 UnreadBrittany Nic.. @ Free Vectors, Stock... Epidemic Sound Remaining Time: 1 hour, 16 minutes, 36 seconds. Question Completion Status: QUESTION 12 In honor of the 1992 Bronze winning Lithuanian men's basketball team, you have been selling tiedye Skullman t-shirts on eBay. You are currently selling the t- shirts with a "Buy It Now" price of $25 (i.e., there is no bidding, customers can only purchase at this price). Suppose you also know that the demand for your t- shirts is described by Q = 500 - 2P (and inverse demand is described by P - 250 - 0.5Q). If your goal were to maximize revenue, what should you do? Lower price to $20 per t-shirt Increase prices to $125 per t-shirt Increase prices to $250 per t-shirt Keep prices at $25 per t-shirt Increase prices to $50 per t-shirt QUESTION 13 Which of the following CANNOT cause a shift in the demand curve for a good? The price consumers are charged for a complementary good changes The price consumers are charged for a substitute good changes Scientists discover new information about the benefits of the good The government issues a stimulus payment that makes consumers richer Consumers are charged a different price for the good