Maximize revenues from sales of the highlander
You are a division manager at Toyota. If your marketing department estimates that the semiannual demand for the Highlander is Q = 100,000 - 1.25P, what price should you charge in order to maximize revenues from sales of the Highlander?
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During 2010, the Happy Face Co. manufactured a product that had a product cost of $20 per unit. Total non-manufacturing costs for 2010 were $50,000. If 50,000 units were produced in 2010, out of which 40,000 units were sold for $50 each, what woul
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