I need the answer as soon as possible When the price =20000-50(Demand), fixed cost=$500per month and variable cost=$1000 per unit, the demandthat maximize the total profit=(20000-1000)/100=190 units(20000-1000)/50=380 units(20000-1000)*50%3D950 000 unitsNone of the options is correct

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Answered: When the price =20000- 50(Demand),…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Does there happen to be more to this solution? I still can't quite follow
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When the price =20000- 50(Demand), fixed cost=$500 per month and variable cost =$1000 per unit, the demand that maximize the total profit= (20000-1000)/100=190 units (20000-1000)/503D380 units O (20000-1000)*50=950 000 units O O O