p is the price per unit in dollars and q is the number of units. If the demand and supply functions for a product are and , respectively, find the tax per unit t that will maximize the tax revenue T. Round your answer to the nearest cent.
A)$406.10 per item
B)$393.90 per item
C)$407.50 per item
D)$387.19 per item
E)$400.00 per item

Question

p is the price per unit in dollars and q is the number of units. If the demand and supply functions for a product are  and  , respectively, find the tax per unit t that will maximize the tax revenue T. Round your answer to the nearest cent.
A)$406.10 per item 
B)$393.90 per item 
C)$407.50 per item 
D)$387.19 per item 
E)$400.00 per item

Quizplus · Accepted Answer

The Answer of p is the price per unit in dollars and q is the number of units. If the demand and supply functions for a product are  and  , respectively, find the tax per unit t that will maximize the tax revenue T. Round your answer to the nearest cent.
A)$406.10 per item 
B)$393.90 per item 
C)$407.50 per item 
D)$387.19 per item 
E)$400.00 per item

P Is the Price Per Unit in Dollars and Q