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Question 6 Given cost and price (demand) functions C(q)=100q+46,800 and p(q)=2.7q+810, what price should the company set to earn $40,000 in revenue? The price should
Question 6
Given cost and price (demand) functions
C(q)=100q+46,800
and
p(q)=2.7q+810,
what price should the company set to earn
$40,000
in
revenue?
The price should be a low of
_____
or a high of
______
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