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Question: A lash adjuster keeps pressure constant on engine valves, thereby increasing fuel efficiency in automobile engines. The relationship between price (p) and monthly demand (D) for lash adjusters made by the Wicks Company is given by this equation: D = (2,000 - p)/0.10. What is the demand () when total revenue is maximized? What important data are needed if maximum profit is desired?

Microeconomics, Economics

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