CIPD QUESTIONS

A similar company also produces and sells bicycles. Their

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A similar company also produces and sells bicycles. Their sales manager has determined that their demand function for q (q≥0) bicycles per week is:
p = 895 – 13q
Find the price the company should charge to realize maximum revenue. (Round your answer to 2 decimal places, if necessary)

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A similar company also produces and sells bicycles. Their

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