Unendo, is a large computer game manuracturer. They have estimated that the demand function for their game "Destiny 3" is as follows... p = 93 - 0.05q DESTIN Y V 3. where p is the price of a game and q is the number of game produced and sold per week. They estimate that their cost function in dollars is ... C(q) = 25q + 5000 %3D where the fixed cost is $5000 and the marginal cost is $25 per game Unendo wishes to maximize the weekly profit of producing and selling the game. Find the number, q, of units that produces maximum profit.
Unendo, is a large computer game manuracturer. They have estimated that the demand function for their game "Destiny 3" is as follows... p = 93 - 0.05q DESTIN Y V 3. where p is the price of a game and q is the number of game produced and sold per week. They estimate that their cost function in dollars is ... C(q) = 25q + 5000 %3D where the fixed cost is $5000 and the marginal cost is $25 per game Unendo wishes to maximize the weekly profit of producing and selling the game. Find the number, q, of units that produces maximum profit.
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
Chapter8: Cost Analysis
Section: Chapter Questions
Problem 9E
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Round to the nearest whole number.
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