Wal-mart charges 20 for the new ghostbusters dvd and sells


Wal-Mart charges $20 for the new Ghostbusters DVD and sells 400 copies per month. Then they reduce their price to $18, and sell 500 per month. Assuming a linear demand curve, find the optimal price to charge if the goal is to maximize revenue. (Note: the price does not necessarily have to be $20 or $18.) Show all work.

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Business Economics: Wal-mart charges 20 for the new ghostbusters dvd and sells
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