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20 Blue Bike has asked a management consultant company to estimate the demand curve for e-bike rentals. The consultant's best guess is; Q - 14,000
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Blue Bike has asked a management consultant company to estimate the demand curve for e-bike rentals. The consultant's best guess is; Q - 14,000 - 2,300 P, where Q is the number of rentals, P is the price per hour. Their best guess is that the cost to run an e-bike program is C = $20 + 0.0102, where C is the total cost.Question 19 5 Points If the Blue Bike is profit maximizing how many e-bike rentals will they do? Use the editor to format your answer Question 20 5 Points What price should Blue Bike charge for an e-bike? Use the editor to format yourStep by Step Solution
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