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A large wooded desk company has a fixed cost of $900,000 per month. The variable cost per desk is $131.50. The quantity of desks the
A large wooded desk company has a fixed cost of $900,000 per month. The variable cost per desk is $131.50. The quantity of desks the company sell per month is determined by the demand function Q = 12,000 - 20p, where p is the price per desk. A. The profit-maximizing quantity is _________. B. The profit-maximizing price the firm should charge per desk is _________. C. The Total Revenue (TR) at the profit-maximizing quantity and price is ________. D. The Total Cost (TC) at the profit-maximizing quantity is _________. E. The profit () the firm realizes at the profit-maximizing price and quantity is ______. F. The lower bound (QL) and upper bound (QU) for the range of profitable demand is _______ and _________
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