Assume you inherit 40 copies of the textbook for ECON 3125. You plan to sell these textbooks in two markets: directly to students on campus, and…
13. Assume you inherit 40 copies of the textbook for ECON 3125. You plan to sell these textbooks in two markets: directly to students on campus, and sell them online on ebay.
Here are the two demand equations:
Student Demand: PS = 200 – 2QS
Ebay Demand: PE = 250 – 5QE
If your goal is to maximize total revenue, how many books will you sell to students?
Enter as a value.
Qs Ps403938373635343332313029282726252423 Revenue from sale to students120122124126128130132134136138140142144146148150152154 Qe480047584712466246084550…
Need your ASSIGNMENT done? Use our paper writing service to score good grades and meet your deadlines.
Order a Similar Paper Order a Different Paper
