Question: QUESTION 2 Consider a retailer selling a seasonable good. Based on past experience, management estimates the relationship between demand D and price p, by

QUESTION 2 Consider a retailer selling a seasonable good. Based on past

QUESTION 2 Consider a retailer selling a seasonable good. Based on past experience, management estimates the relationship between demand D and price p, by the following function D=25 - p^0.5, also, there are only 20 units available for sale. Assume a fixed-pricing strategy, what should be the price to maximize the number of units sold?

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