Question

4.The demand for the book is P = 200 − 2 Q. A bookstore can order...

4.The demand for the book is P = 200 − 2 Q.

A bookstore can order copies that will cost $40 each.

If the bookstore orders 20 books, what is the total profit?

5.If a firm changes its product line such that costs increase but revenue increases by even more, should the firm adopt this new product line?

Yes

No

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