Question: Please indicate your result in Excel clearly. Suppose it costs $250 to produce a video game console. Estimated demand for the game console is shown

Please indicate your result in Excel clearly. Suppose it costs $250 to produce a video game console. Estimated demand for the game console is shown in the following table. What price should you charge for game console to maximize profit? A price between $200 and $400 is under consideration. (Please use linear demand function)

Price Demand

$200 50,000

$300 25,000

$400 12,000

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