Finite Math and Applied Calculus (6th Edition)

by Waner, Stefan; Costenoble, Steven

Published by Brooks Cole

ISBN 10: 1133607705

ISBN 13: 978-1-13360-770-0

Chapter 12 - Section 12.6 - Elasticity - Exercises - Page 931: 3c

Answer

Approximately $q=4,443.56$ cases of tissues would be demanded at the price of revenue maximization.

Work Step by Step

The price, in order to maximize the revenue is $p=\$33.33$ Here, the demand is: $q=(100-33.33)^2=4,443.56$

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