p is the price per unit in dollars and q is the number of units. The monthly demand function is and the supply function before taxation is Find the tax per unit t that will maximize the tax revenue T.
A) $932 per item
B) $1101 per item
C) $6416 per item
D) $184 per item
E) $7140 per item

Question

p is the price per unit in dollars and q is the number of units. The monthly demand function is  and the supply function before taxation is  Find the tax per unit t that will maximize the tax revenue T.
A) $932 per item 
B) $1101 per item 
C) $6416 per item 
D) $184 per item 
E) $7140 per item

Quizplus · Accepted Answer

The Answer of p is the price per unit in dollars and q is the number of units. The monthly demand function is  and the supply function before taxation is  Find the tax per unit t that will maximize the tax revenue T.
A) $932 per item 
B) $1101 per item 
C) $6416 per item 
D) $184 per item 
E) $7140 per item

P Is the Price Per Unit in Dollars and Q