- This topic has 1 reply, 2 voices, and was last updated 2 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
- Topics: 2
- Replies: 4
- ☆
The following price and demand combinations have been given:
P1 = 400, Q1 = 5,000
P2 = 380, Q2 = 5,500
The variable cost is a constant $80 per unit and fixed costs are $600,000 per annum.
What is the optimal price and maximum profit?
I only found the solution for the demand function :((
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.