The ABC marketing consulting firm found that a particular brand of tablet PCs has the following demand curve for a certain region:
Q = 10,000 - 200P + 0.03Pop + 0.6I + 0.2A
where Q is the quantity per month, P is price ($), Pop is population, I is disposable income per household (V), and A is advertising expenditure ($).
a. Determine the demand curve for the company in a market in which P = 300, Pop' 1,000,000, P = 30,000, and A = 15,000.
b. Calculate the quantity demanded at prices of $200, $175, $150, and $125.
c. Calculate the price necessar) to sell 15,000 units.