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i.Assumed that Turin Pharmaceuticals based its pricing decision $75,000/bottle for 5,000 bottle on an inverse demand curve estimate of P=14.98Q + 149 900.Verify the inverse
i.Assumed that Turin Pharmaceuticals based its pricing decision $75,000/bottle for 5,000 bottle on an inverse demand curve estimate of P=14.98Q + 149 900.Verify the inverse demand curve estimate base on Turin's pricing decision.Verify that P=$75,000 is the profit maximizing price.
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