What he needs to do to make more profit

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Reference no: EM13153944

Mr. Result has provided you with the information his former economist had left. He showed you a piece of paper with: Q = 1,000 - 10P. Oh, he did mentioned that he is able to sell each bottle of juice for $79.99 and keep cost per unit at $40, because he knows the "ins" and "outs" of business more than some of those "big business people

He has asked you the following:

a) What these numbers mean and how can they assist his business?

b) What he needs to do to "make more profit"?

Reference no: EM13153944

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