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The quantity of a product that is demanded is 4,000 units when the price is $270.When the price is $225, the demand is 11,000 units.The
The quantity of a product that is demanded is 4,000 units when the price is $270.When the price is $225, the demand is 11,000 units.The manufacturer will not market the product if the price is below $100.For each price increase of $50, the manufacturer will market an additional 2,500 units of the product.Find the equilibrium quantity.
a)7,405
b)8,655
c)10,632
d)25,368
e)29,158
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