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The Consumer Demand Curve for Tissues Is Given By q=(72p)2q = ( 72 - p ) ^ { 2 }

Question 4

Multiple Choice

The consumer demand curve for tissues is given by
q=(72p) 2q = ( 72 - p ) ^ { 2 }
Where p is the price per case of tissues and q is the demand in weekly sales. At what price should tissues be sold to maximize the revenue Round your answer to the nearest cent.


A) $48.00
B) $20.00
C) $72.00
D) $36.00
E) $24.00

Correct Answer:

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