Determine the revenue maximizing price and output

Reference no: EM13208939

Weekly demand and cost relations for Sandpiper Products, Inc., are given by the equations P = $180 - $10Q (Demand) TC = $75,000 + $5Q + $7.5Q2 Where Q is the quantity produced and sold per week.

a. Determine the profit maximizing price and output. (Q=, Price=, ?2y??x2=)

b. Determine the revenue maximizing price and output. (Q=, Price=, Revenue max price & output =)

Reference no: EM13208939

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