Question
Your company receives 40 excess copies of a book. You plan to sell these books in two markets: directly in the store or sell
Your company receives 40 excess copies of a book. You plan to sell these books in two markets: directly in the store or sell them on eBay. Here are the two demand equations: Store Demand: Ps = 200 - 2Qs eBay Demand: PE=250 - 5QE If your goal is to maximize total revenue, how many books will you sell on eBay?
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
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