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Use the template to create a spreadsheet describing Amazon s output and pricing choices with respect to the Kindle e - reader. ( Use the

Use the template to create a spreadsheet describing Amazons output and pricing choices with respect to the Kindle e-reader. (Use the template from Problem S1 with price equation: P =29435Q and MC = $126.) Use your solver in excel to find the combination of output and price that maximizes profit.
Next, include the extra net revenue from e-book sales, $100 per Kindle. (Compute this total in cell G7 according to the formula: =100*B7.) Finally, in cell H7, compute total profit (from both Kindles and e-book sales). What combination of Kindle output and price maximizes Amazons total profit? Explain why Amazon should cut its price relative to the price in part a.\table[[1,,,,,],[2,,,,,],[3,,,,,],[4,,,,,],[5,,,,,],[6,Quantity,Price,Revenue,Cost,Profit],[7,,,,,],[8,,x,x,x,x],[9,,,,,],[10,,,,,],[11,,,MR,MC,MP],[12,,,,,],[13,,,x,x,x],[14,,,,,]]
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