asked 210k views
5 votes
Currently, the demand equation for baseball bats is Q = 300 - 5P. The current price is $15 per bat. Is this the best price to charge in order to maximize revenues? If not, indicate what price you should charge and quantity that you should produce in order to maximize revenue.

asked
User Gusthema
by
7.5k points

1 Answer

7 votes
225 is your answer for Q=300-5p

answered
User Insung
by
8.4k points
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