A startup fi rm manufactures a new type of GaN chargers. They want to price the...

 

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A startup fi rm manufactures a new type of GaN chargers. They want to price the charger at X per changer. The demand function for the charger is given by: quantity=21,758-39*X. The charger cost 33 apiece to manufacture, plus there are fixed costs of 119,511 per year. Find the sell price where profit is maximized. A startup fi rm manufactures a new type of GaN chargers. They want to price the charger at X per changer. The demand function for the charger is given by: quantity=21,758-39*X. The charger cost 33 apiece to manufacture, plus there are fixed costs of 119,511 per year. Find the sell price where profit is maximized.

Answer rating: 100% (QA)

To find the sell price that maximizes profit we need to determine the total revenue and total cost f... View the full answer