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VTAARPS, Inc. currently sells a ‘Tailgating HID’ and is able to control the demand for the product by varying the selling price. The approximate relationship between price and demand is p = $ 38 + (2700/D) − (5000/D^2) for D > 1 where p is the price per unit in dollars and D is the demand per month. VTAARPS, Inc. is seeking to maximize its profit. Its fixed cost is $1,000 per month and the cost for each HID is $40. What is the number of units that should be produced and sold each month to maximize profit? Show work and refrain from using Excel.
Prepare a project based on the topic of regional product integration
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Suppose the fisher hypothesis holds for an economy that has an expected real interest rate of 2 percent. For each of the expected inflation rates of 0,2,4,6, and 8 percent, calculate the nominal interest rate and the after tax expected real intere..
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If Jud offered the Krauses one price and inadvertently typed a different, higher price into the contract, can Jud be held to the typewritten amount?
Suppose Atlas Publishing, a perfectly competitive firm, currently produces 2,000 maps per day at a total cost of $1,600. At its current level of output, Atlas is producing where the marginal revenue curve intersects a rising marginal-cost curve. Whic..
The demand for the product of a business is given by q = 50 - 2p. If the price of the product is p = 10 dollars, the revenue is
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