The following function describes the demand condition for a company that makes caps featuring names of college

Question:

The following function describes the demand condition for a company that makes caps featuring names of college and professional teams in a variety of sports.

Q = 2,000 - 100P where Q is cap sales and P is price.

a. How many caps could be sold at $12 each?

b. What should the price be in order for the company to sell 1,000 caps?

c. At what price would cap sales equal zero?

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