Question
Suppose the market demand for Paradise Bakery's cookies is given by the equation P=45-(1/2)Q. What quantity sold would maximize the revenue from the cookies? 1-)
Suppose the market demand for Paradise Bakery's cookies is given by the equation P=45-(1/2)Q. What quantity sold would maximize the revenue from the cookies?
1-) 40
2- )45
3-) 50
4-) 55
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Microeconomics
Authors: Douglas Bernheim, Michael Whinston
2nd edition
73375853, 978-0073375854
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