Flying thyme watch company determines that the demand for, Ask an Expert

Management Studies

Flying Thyme watch company determines that the demand for a new watch is given by d(p) = 35ln(150-5p), where p is price in dollars and d(p) is demand in thousands. Is a price of $25 too high or too low? If the company wanted to maximize revenues, what would they price the watch at? Explain to me in English.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M91241230

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