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Earlier this year Ford Motor Company released a new version of their Mustang car. Unsure how much to charge for the new Mustang car they

Earlier this year Ford Motor Company released a new version of their Mustang car. Unsure how much to charge for the new Mustang car they hired a team of analysts, who found that demand for the car is,

Q = 10 - 5P (or P=2-0.2Q),

where Q is quantity of Mustang cars sold and P is the price in US Dollars. If Ford's goal is to maximize revenues, what price should they charge?

$0.5

$0.0

$1.5

$1.0

$2.0

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