Question: please answer question 9 Question 8 10 pts For Questions 8-11, use the following information: The Orange company has introduced a new smartphone called the

please answer question 9
please answer question 9 Question 8 10 pts For
please answer question 9 Question 8 10 pts For
Question 8 10 pts For Questions 8-11, use the following information: The Orange company has introduced a new smartphone called the J-Phone. The J-Phone is sold through Good Buy, a major electronics retailer. Good Buy has estimated that demand for the )- Phone will depend on the final retail price, p, according to the demand curve: d=2,500,000-3,000p The production cost for Orange is $150 per J-Pod. Note that this supply chain is uncoordinated. Question 9 10 pts At this wholesale price, what retail price should Good Buy set? 0 O Between $500 and $520 Between $520 and $550 Between $550 and $580 Less than $500 O More than $580

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