Question
There are two consumers on the market. The demand of the first consumer is Q1 = 40 - P, demand of the second consumer
There are two consumers on the market. The demand of the first consumer is Q1 = 40 - P, demand of the second consumer is Q2 =10-P. Find the price that maximized the total revenue of the firm that operates on this market.
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Microeconomics
Authors: Douglas Bernheim, Michael Whinston
2nd edition
73375853, 978-0073375854
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