The individual demand for a slice of pizza at samrsquos, Ask an Expert

Economics

The individual demand for a slice of pizza at Sam’s Pizza is given by QD = 6 – P. Assume the marginal cost of a slice is constant at $1 and the marginal revenue function is 6- 2Q. What is the profit-maximizing price and quantity if Sam’s sells all pizza slices at a single price? What profits per customer will be earned?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91848273

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