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A firm faces the demand curve: P = 800 - 25Q. What is the firm’s revenue maximizing price?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A firm faces the demand curve: P = 800 - 25Q.

What is the firm’s revenue maximizing price?

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