The consumer demand curve for Professor Stefan Schwartzenegger dumbbells is given by $q = ( 552 - 8 p ) ^ { 2 }$
Where p is the price per dumbbell and q is the demand in weekly sales. Find the price Professor Schwartzenegger should charge for his dumbbells in order to maximize revenue.

A)$184
B) $25
C) $15
D) $23
E) $19

Question

The consumer demand curve for Professor Stefan Schwartzenegger dumbbells is given by   $q = ( 552 - 8 p ) ^ { 2 }$  
Where p is the price per dumbbell and q is the demand in weekly sales. Find the price Professor Schwartzenegger should charge for his dumbbells in order to maximize revenue.
 
A)$184
B) $25
C) $15
D) $23
E) $19

Quizplus · Accepted Answer

The Answer of The consumer demand curve for Professor Stefan Schwartzenegger dumbbells is given by   $q = ( 552 - 8 p ) ^ { 2 }$  
Where p is the price per dumbbell and q is the demand in weekly sales. Find the price Professor Schwartzenegger should charge for his dumbbells in order to maximize revenue.
 
A)$184
B) $25
C) $15
D) $23
E) $19

The Consumer Demand Curve for Professor Stefan Schwartzenegger Dumbbells Is q=(552−8p)2q = ( 552 - 8 p ) ^ { 2 }q=(552−8p)2

The Consumer Demand Curve for Professor Stefan Schwartzenegger Dumbbells Is $q = ( 552 - 8 p ) ^ { 2 }$