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Suppose the demand curve for beans is given by Q = 20- 2P. What price for beans yields highest total expenditures? (a) 20 (b) 10
Suppose the demand curve for beans is given by Q = 20- 2P. What price for beans yields highest total expenditures?
(a) 20
(b) 10
(c) 5
(d) 0
(e) cannot be determined with the given information.
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