Write the total demand equation from the equations above

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Reference no: EM13266337

MC = $7

Q0 = 250 - 4P

Q1 = 300 - 6P

1- Write the total demand equation from the equations above.

2- If all demand is satisfied at one price, what price will maximize profits?

3- If demand is satisfied using two different prices, which two prices should be chosen to maximize profits?

4- How much more profit can be made by using the two price strategy in your answer to question 3?

Reference no: EM13266337

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