We have 3,000 Units of product to sell over a five day period. From historical sales data, we have estimated the followi...
We have 3,000 Units of product to sell over a five day period. From historical sales data, we have estimated the following demand curves
P=price/unit in $
Q=number of units sold
Day 1: P=10-0.01Q valid for prices between $3and $8.
Day 2: same as Day 1
Day 3: P= 15-0.01Q valid for prices between $6 and $10
Day 4 P=20-0.01Q valid for prices between $6 and $12
Day 5: same as Day 1
1. The revenue maximizing price for day 3 is______ and quantity sold is _______.
2. The revenue maximizing price for day 4 is ______ and quantity sold is _______.
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Could someone take note for me from this paragraph with
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