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For what value of p is total revenue maximized?

label Calculus
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schedule 0 Hours
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Recall that E=-p/q x dq/dp. If P=200-4q, for what value of p is total revenue maximized?

Answer options: P= 200, 100, 25/4, 200/17

Thank you!

Oct 19th, 2017

According to the formula for P which is given, P is maximum when q = 0

therefore, P = 200 - 4(0) = 200

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Apr 27th, 2015

Thank you so much! I really appreciate it 

Apr 27th, 2015

Thank you so much! I really appreciate it 

Apr 27th, 2015

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