A company manufactures and sells Q items per month. The monthly cost and price- demand functions are: TC(Q)=62,000+50Q _
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A company manufactures and sells Q items per month. The monthly cost and price- demand functions are: TC(Q)=62,000+50Q _
company manufactures and sells Q items per month. The monthly cost and price- demand functions are: TC(Q)=62,000+50Q _P(Q)=172-374 What price should they charge for the item to maximize revenue? Round to the nearest cent. (2 d.p.) Answer: $
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