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.
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter14: Pricing Techniques And Analysis
Section: Chapter Questions
Problem 3E
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Question
![Profit Analysis
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 ...
C(q) = 22g + 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 vour answer to 2. decimal places if necessarv).
8.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc53b648f-eb34-4223-b8d8-a0f157c481c8%2F6800217e-81c8-49c4-a10c-11ca32cf70c4%2F1jpkpn_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Profit Analysis
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 ...
C(q) = 22g + 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 vour answer to 2. decimal places if necessarv).
8.
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