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The Pampered Pooch sells high-end pet furniture, specializing in small breed dogs. The most popular item is the memory foam dog bed, with the following demand curve: Q = 22,000 - 203(P). While expensive, the bed comes with a washable cover and free shipping. Variable costs run at $37. At what quantity sold will total contribution margin be maximized? Round your answer to the nearest dog bed.

The Pampered Pooch sells high-end pet furniture, specializing in small breed dogs. The most popular item is the memory foam dog bed, with the following demand curve: Q = 22,000 - 203(P). While expensive, the bed comes with a washable cover and free shipping. Variable costs run at $37. At what quantity sold will total contribution margin be maximized? Round your answer to the nearest dog bed.

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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The Pampered Pooch sells high-end pet furniture, specializing in small breed dogs. The most popular item is the memory foam dog bed, with the following demand curve: Q = 22,000 - 203(P). While expensive, the bed comes with a washable cover and free shipping. Variable costs run at $37. At what quantity sold will total contribution margin be maximized? Round your answer to the nearest dog bed. Your Answer: Answer
Transcribed Image Text:The Pampered Pooch sells high-end pet furniture, specializing in small breed dogs. The most popular item is the memory foam dog bed, with the following demand curve: Q = 22,000 - 203(P). While expensive, the bed comes with a washable cover and free shipping. Variable costs run at $37. At what quantity sold will total contribution margin be maximized? Round your answer to the nearest dog bed. Your Answer: Answer
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