1. For what value of t (tax) will the profit for the company and the government be...
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1. For what value of t (tax) will the profit for the company and the government be in equilibrium?
# of products Company makes | Price per Product | Profit for Company | Govt. tax | Govt. Profit |
15,000 | $185 | $200,000 | 0 | $0 |
8,000 | $192 | $39,000 | 14 | $112,000 |
7,000 | $193 | $24,000 | 16 | $112,000 |
7,500 | $192.50 | $31,250 | t=15 | $112,500 |
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Related Book For 
Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science
ISBN: 978-0324656633
5th edition
Authors: Cliff T. Ragsdale
Posted Date:
