(Answered) You are selling exclusive hand-made necklace on ebay it is

Management Studies

You are selling exclusive hand-made necklace on eBay. It is estimated that the demand next month, , is a function of the price as follows:

a) What price maximizes your revenue? What is the maximum revenue?

b) Suppose you only have 20 necklaces available to sell next month. What price maximizes the revenue next month? What is the maximum revenue?

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