Question
Problem 1: Solve using Excel A company sells a commercial product with a fixed cost of $80,000 per month, and a variable cost of $90
Problem 1: Solve using Excel
A company sells a commercial product with a fixed cost of $80,000 per month, and a variable cost of $90 per unit. The selling price is $200 - 0.02(D). Using the given Excel template:
1-Determine the optimal demand for this product.
2-Plot the Cost, Revenue, and profit versus the demand.
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Macroeconomics Principles, Problems, & Policies
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
20th Edition
0077660773, 9780077660772
