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Sppose the weekly demand for a product is given by p 2q

In this problem, p is the price per unit in dollars and q is the number of units.

Suppose the weekly demand for a product is given by p + 2q = 840 and the weekly supply before taxation is given by p = 0.02q2 + 0.55q + 7.4.

Find the tax per item that produces maximum tax revenue. (Round your answer to the nearest cent.)

Find the tax revenue. (Round your answer to the nearest whole dollar.)

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Econometrics: Sppose the weekly demand for a product is given by p 2q

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