What is the maximum possible revenue

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Reference no: EM13193107

A manufacturer sells two products. The demand functions for these two products are as given below:

q1=150-2p1-p2
q2=200-p1-3p2

Suppose one manufacturer sells both of these products. How should the manufacturer set prices to earn the maximum possible revenue? What is the maximum possible revenue?

Reference no: EM13193107

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