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Suppose the demand for all-day parking at campus is given by P = 25 -0.00125Q , where P is the price in dollarsand Q is

Suppose the demand for all-day parking at campus is given byP = 25 -0.00125Q, where P is the price in dollarsand Q is the quantity demanded.

Suppose the current price is $20, if the goalis to increase totalrevenue, would you recommend increasing the price of parking from $20 to $22? Why or why not? Please include specific explanation

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