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Shaughnessy Consulting, LLC currently enjoys a patent on software that estimates economic damages for clients involved in personal injury lawsuits. Demand for my software is QD = 520 - 40P. Creating the software cost me about $1,475 in development and coding. I can produce a copy of the software for $6.50 per unit (constant cost).
-How many copies of the software should I attempt to sell?
-At what price should I sell it?
-How much profit would I make?
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