An auto manufacturer can manufacture compact cars for an incremental cost of

$5,000 apiece. She faces a logit price-response function for sales in the next month,

with parameters C 40,000, b 0.0005, and p $12,000. What price will maximize

the total contribution? How many cars will she sell during the month?

Book Name: Pricing and Revenue Optimization by Philip Robert

Please send me an answer as soon as possible.

Thanks,

Zeel Patel