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Now after the figures are ordered and have arrived, the demand for Ric Flair figures falls to P = 31 - Q. The figures cost
Now after the figures are ordered and have arrived, the demand for Ric Flair figures falls to P = 31 - Q. The figures cost $5 each when ordered. To stock Ric Flair figures, other figures from the shelves will have to be removed and the average profit on those figures is $3.
The supplier is offering a $4 refund for any Ric Flair figures to be sent back. How many Ric Flair figures should be kept (Q)?
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