Dylan co sells hammers to us retailers the annual demand, Ask an Expert

Economics

Dylan Co. sells hammers to US retailers. The annual demand for its hammers is d(p)=25,000 × (30 −p) and its annual cost of production is TC(q)= 400,000 + 20q.Its factory has a capacity of 150,000 units.

a) What is the profit maximizing price for Dylan Co. to charge? How many units will they sell at that price?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91559648

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