Calculate Saras profit-maximizing output, price, and economic profit. Web site at which people can design and buy
Question:
Calculate Sara’s profit-maximizing output, price, and economic profit.
Web site at which people can design and buy sweatshirts.
Sara pays $1,000 a week for her Web server and Internet connection. The sweatshirts that her customers design are made to order by another firm, and Sara pays this firm $20 a sweatshirt. Sara has no other costs. The table sets out the demand schedule for Sara’s sweatshirts.
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