What is the optimal price

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Reference no: EM131507558

The Dolan Corporation determines that in 2014 the demand curve for its product is P = 2,000 - 50Q where P is the price (in dollars) of an engine and Q is the number of engines sold per month.

a. What is the optimal price if MC = 10?

b. What is the optimal price if MC = 20?

Reference no: EM131507558

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