Question
Because of sales by a competing company, your company's sales of virtual reality headsets have dropped, and your financial consultant revises the demand equation
Because of sales by a competing company, your company's sales of virtual reality headsets have dropped, and your financial consultant revises the demand equation to: = 800 q.35 Where q is the total number of headsets that your company can sell in a week at a price of $p. The total manufacturing and shipping cost are $100 per headset. What is the greatest profit your company can make in a week and how many headsets will your company sell at this level? What should your company charge per headset to achieve this maximum profit?
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Get StartedRecommended Textbook for
Intermediate Microeconomics and Its Application
Authors: walter nicholson, christopher snyder
11th edition
9781111784300, 324599102, 1111784302, 978-0324599107
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