What was pizza parlors profit maximizing output and price

Reference no: EM133614217

Problem: Print this page out and use the space below and the back to write out and clearly indicate your answers. Do not use this sheet as scrap paper, but use it to neatly present your work. There is only one pizza parlor on West Caicos Island. The restaurant's cost for pizza is given by () = ?/2. For many years, no travelers visited the island. The demand for pizza by the island's residents was ? () = 1020 - 4 where p is the price per pizza. What was the pizza parlor's profit maximizing output and price?

Reference no: EM133614217

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