You've decided to sell sweatshirts for the upcoming game. You project that at a price of ​$30.13 per​ sweatshirt, you will be able to sell 190 shirts. In order to sell 330 ​sweatshirts, you would need...


You've decided to sell sweatshirts for the upcoming game. You project that at a price of ​$30.13
per​ sweatshirt, you will be able to sell 190 shirts. In order to sell 330 ​sweatshirts, you would need to lower the price to ​$19.91
per sweatshirt. In order to produce the​ sweatshirts, it costs you ​$2.04 per sweatshirt on top of fixed costs of ​$300
What price should you charge in order to earn maximize your​ profit?

Assume linear demand.


Jun 05, 2022
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