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Business, 22.09.2021 20:50 funmi5504

Question 18 (2 points) The chart shows a combined supply and demand schedule

The best scenario is to maximize profits. Three of the answers will maximize your revenues if you only look at total revenues. However, one. of
those scenarios will leave you with goods that you cannot sell. This means you will have used resources that you could have saved in profits.
One of the scenarios you are not willing to produce enough to meet demand, meaning that you will not actually collect all of the revenue.
Select the price that gives you the maximum revenue that does not waste your resources.
A.$100
B.$75
C.$45
D.$125


Question 18 (2 points)

The chart shows a combined supply and demand schedule 
The best scenario i

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Answers: 1

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Question 18 (2 points) The chart shows a combined supply and demand schedule

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