What price should you charge in order to maximize revenue


Question - You are a division manager at Toyota. If your marketing department estimates that the semiannual demand for Highlander is Q = 60.000 -0.75P, what price should you charge in order to maximize revenue from sales of the Highlander? Use the price elasticity of demand in answering this question.

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Accounting Basics: What price should you charge in order to maximize revenue
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