Calculate the profit-maximizing price to charge for package

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Reference no: EM131009792

Suppose a typical consumer’s inverse demand function for bottled water at a resort area where one firm owns all the rights to a local spring is given by the equation of . The marginal cost for gathering and bottling the water is $3 per gallon.

Part a Find the optimal number of bottles to package together for sale

Part b Calculate the profit-maximizing price to charge for the package.

Reference no: EM131009792

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Calculate the profit-maximizing price to charge for package : Suppose a typical consumer’s inverse demand function for bottled water at a resort area where one firm owns all the rights to a local spring is given by the equation of . The marginal cost for gathering and bottling the water is $3 per gallon. Find t..

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