Suppose the weekly demand function is and the supply function before taxation is , determine what tax per item will maximize the total tax revenue?
A) $465/item
B) $205/item
C) $115/item
D) $163/item
E) $128/item

Question

Suppose the weekly demand function is  and the supply function before taxation is  , determine what tax per item will maximize the total tax revenue? ​
A) $465/item 
B) $205/item 
C) $115/item 
D) $163/item 
E) $128/item

Quizplus · Accepted Answer

The Answer of Suppose the weekly demand function is  and the supply function before taxation is  , determine what tax per item will maximize the total tax revenue? ​
A) $465/item 
B) $205/item 
C) $115/item 
D) $163/item 
E) $128/item

Suppose the Weekly Demand Function Is and the Supply