Question: Find the optimal price using the First order condition and show the steps: Max_D (p-c) W(p) = 50(p-10,000)(2.8-p/5000)
Find the optimal price using the First order condition and show the steps:

Max_D (p-c) W(p) = 50(p-10,000)(2.8-p/5000)
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To find the optimal price we need to maximize the profit function by taking the first ... View full answer
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