video game has asked to calculate and analyze market demand for a new game that to be marketed to retail (R) and wholesale (W) customers over the internet . the firm estimate the fixed cost of 750000$ per years for the product and the licencing fees and other marginal costs will be 20$ per unit the annual demand function for retail and wholesale is :

PR= 62.5$-$.0005QR

PW= $50-$.002QW

find the market demand for the new video game (whole sale price equal retail price )

find the proofit maximization price and quantity

if the price the vedio firm sell diffrent prices for wholesale and retail trade . what wil the profit maximization price and quantity for both whole sale and retail trade ? what trade is more profitable for firm

find the price elasticity of demand for retail trade at profit maximization point ?

does price increase total revenue