Consider a linear demand function q = {\p) with q the number of items and p the price in rands. 6.1 What is the sign of the slope of the demand function? Explain your answer. 6.2 Consider the graph of the revenue function, R = pq = p × f{p) below. a What price maximizes the revenue? Do not show calculations and answer in a sentence.

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A: From graph we have to find ten items price.

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A: Using point slope formula For maximum revenue dR/dx=0

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Q: Consider a linear demand function q = Ap) with q the number of items and p the price 6.1 What is the…

A: The solution for the above question is as shown below.

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