Question: Can someone please help me answer this question asap? Thank you in advance 7 20 points A sticky goo oozes mysteriously from the rare wazoo

Can someone please help me answer this question asap? Thank you in advance

Can someone please help me answer this question asap? Thank you in

7 20 points A sticky goo oozes mysteriously from the rare wazoo tree, which grows only on the farm of Wolf Molder, just outside of Pullman, Washington. This goo, when smeared on the face, results in a tightening of the skin and the elimination of fine lines. Wolf bottles the goo at a cost of $8 per bottle and sells it to Donna Scali at a wholesale price of $w per bottle. Donna sells the goo to the general public over the Internet under the name "Youth Goo" at a price of $ P per bottle. The retail demand for Youth Goo is given by P = 80 - 0.1Q. Calculate Wolf's profit-maximizing choice of output. What are the resulting values of the wholesale and retail prices? What are profits to Donna and Wolf? Wolf's profit-maximizing choice of output is 80 bottles. The optimal wholesale price is $ 40 and the optimal retail price is $ type your answer.. Donna's profit is $ 2,560 and Wolf's profit is $ 2,560 8 12 points A sticky goo oozes mysteriously from the rare wazoo tree

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