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Hula Products has reintroduced the hula hoop to the world and faces a growing demand for its product in two distinct markets: the United States
Hula Products has reintroduced the hula hoop to the world and faces a growing demand for its product in two distinct markets: the United States and Europe. Demand in these markets is:
PU = 20 - .1QU
PE = 10 - .05QE
where all quantities are expressed in thousands of units (i.e. QU = 50 means 50 thousand units). The company has an existing stock of 95 thousand hula hoops.
How many should be sent to Europe?
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