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What would be the theoretical maximum revenue and quantity

Demand Schedule

Please use derivatives in the following scenario

Assume that a demand schedule can be given by the formula:

P = 100 - .50*Q

What would be the theoretical maximum revenue and quantity given this demand schedule?

Hint: Remember that Revenue = P * Q, and that the maximum revenue is when the Marginal Revenue = 0; Marginal Revenue is the derivative of P*Q (substituting the demand schedule for P)

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Business Economics: What would be the theoretical maximum revenue and quantity

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