Suppose the cost and the demand for a daily product is C 1 2 d(p) D(1 w(p)) 40, 000p 20, 000p 2 What is the total margin maximizing price Provide your answer with two decimals only, e g 4 52

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Suppose the cost and the demand for a daily product is: C=1.2 d(p) = D(1 w(p)) = 40, 000p 20, 000p 2 . What is

Suppose the cost and the demand for a daily product is: C=1.2

d(p) = D(1 w(p)) = 40, 000p 20, 000p².

What is the total margin maximizing price?

** Provide your answer with two decimals only, e.g. 4.52

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