A publishing company plans to publish a new book. It collects sales data from other publishers of
Question:
A publishing company plans to publish a new book. It collects sales data from other publishers of similar book. By using the data, it finds a demand function given as Q =
5000 – 5 P. Find out:
(
a) Demand schedule and demand curve,
(
b) Number of books saleable at a price of `20 per book
(
c) Price for selling 2500 copies of the book.
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