SOLUTION: For the following demand equation, find the largest possible revenue. q = -2p + 1,000 a. 375,000 b. 250 c. 250,000 d. 125,000 e. 500

SOLUTION: For the following demand equation, find the largest possible revenue. q = -2p + 1,000 a. 375,000 b. 250 c. 250,000 d. 125,000 e. 500

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Question 1118523: For the following demand equation, find the largest possible revenue.
q = -2p + 1,000
a. 375,000
b. 250
c. 250,000
d. 125,000
e. 500
Answer by greenestamps(13200) (Show Source): You can put this solution on YOUR website!

The revenue is .

The maximum revenue is when .

The revenue when p = 250 is .

Answer d.
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