What is the maximum revenue, Operation Management

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What is the maximum revenue

JJ is selling an exclusive hand-made necklace on eBay. It is estimated that the demand next month is a function of price as follows: d(p) = 100 - 2p

a. What price maximizes JJ's revenue, and what is this maximum revenue?

b. Suppose JJ has only 20 necklaces available to sell next month. What price maximizes revenue, and what is this maximum revenue next month?

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Operation Management: What is the maximum revenue

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Operation Management: What is the maximum revenue

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Recent Questions Asked Operation Management

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Ask an Expert for Answer!!

Operation Management: What is the maximum revenue

Reference No:- TGS0510587

Recent Questions Asked Operation Management

Q : Concept relate to the subject of managerial accounting

Q : Pessimistic approach-optimistic approach

Q : What do you think about the chart design

Q : Income statement of a merchandising company

Q : What is the maximum revenue

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