Question
The demand per week for a CD is 26,000 copies when the price is $12 each, and 10,000 copies when the price is $18 each.
The demand per week for a CD is 26,000 copies when the price is $12 each, and 10,000 copies when the price is $18 each. Find the demand equation for the CD, assuming that it is linear. How many will be sold for $15? What the price should be in order to sell 20000 copies?
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Fundamentals Of Financial Management Concise
Authors: Eugene F. Brigham, Joel F. Houston
11th Edition
0357517717, 9780357517710
