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How may bottles of shampoo can they expect

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Reference no: EM132504960

A local retailer has decided to carry a well-known brand of shampoo.

The marketing department tells them that the quarterly demand by an average man is:

Qd = 3 - 0.40P

and the quarterly demand by an average woman is:

Qd = 4 - 0.35P

The market consists of 10,000 men and 10,000 women. How may bottles of shampoo can they expect to sell if they charge $4 per bottle?

Reference no: EM132504960

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