**Profit Analysis**Unendo is a large computer game manufacturer.They have estimated that the demand function for their game "Call of Duty: WWII" is as follows:$ p = 82 - 0.05q $;where $ p $ is the price of a game and $ q $ is the number of games produced and sold per week.They estimate that their cost function in dollars is:$ C(q) = 22q + 5000 $;where the fixed cost is $5000 and the marginal cost is $22 per game.Unendo wishes to maximize the weekly profit of producing and selling the game.Find the price, $ p $, per game that generates maximum profit.(Round your answer to 2 decimal places if necessary.)

Profit maximizing firm produces output at the point where the marginal cost is equal to marginal…

Unendo, is a large computer game manufacturer. CALL'DUTY WWII They have estimated that the demand function for their game "Call of Duty: WWIII" is as follows ... p = 82 - 0.05q; where p is the price of a game and q is the number of game produced and sold per week. They estimate that their cost function in dollars is ... Clq) = 22g + 5000; %3D where the fixed cost is $5000 and the marginal cost is $22 per game Unendo wishes to maximize the weekly profit of producing and selling the game. Find the price, p, per game that generates maximum profit.

Unendo, is a large computer game manufacturer. CALL'DUTY WWII They have estimated that the demand function for their game "Call of Duty: WWIII" is as follows ... p = 82 - 0.05q; where p is the price of a game and q is the number of game produced and sold per week. They estimate that their cost function in dollars is ... Clq) = 22g + 5000; %3D where the fixed cost is $5000 and the marginal cost is $22 per game Unendo wishes to maximize the weekly profit of producing and selling the game. Find the price, p, per game that generates maximum profit.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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