1- How much is the fixed cost?

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter17: Long-term Investment Analysis
Section: Chapter Questions
Problem 2E
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1- How much is the fixed cost?
2- How much is the optimum demand for the commodity if p = 105 – 0.005D?
3- Determine the value of the maximum profit.
Please refer to the figure below. The equation for p 105-0.005D
- 25,000+6SD
W Y
D (units sold)
Cost/Revenue
Transcribed Image Text:Please refer to the figure below. The equation for p 105-0.005D - 25,000+6SD W Y D (units sold) Cost/Revenue
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