Mathematics, 02.10.2019 19:00 shambrayperkins

Given the following demand curve: p = 24 - 8q
express this demand curve in terms of q.
use either the original equation or the one in part (a) and find p if q=2.
use either the original equation or the one in part (a) and find q if p = 8.
write out the equation for total revenue in terms of q.
write out the equation for marginal revenue in terms of q. hint: marginal revenue is the first derivative of total revenu
find the values of p and q that will maximize total revenue.
calculate this maximum value of total revenue.

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Given the following demand curve: p = 24 - 8q
express this demand curve in terms of q.
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