What numbers would you use to back up your decision

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Vander's sells bicycle in a small shop on main thoroughtfare, and the manager has computed some numbers based on past sales of bikes. she estimates the demand curve to be P=80-2Q. costs are given by C=200+20Q.

you have been asked to make a decision about whether the firm should seek to maximize sales revenue. what is your recommendation? what numbers would you use to back up your decision?

Reference no: EM13189881

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