You sell bracelets online. The demand for these bracelets is: P=100-2Q The bracelets cost $5 each to produce. If you choose to sell a bracelet, you cannot sell a necklace, which has averaged $13 in profit. At what price should you sell the bracelets? Enter as a value. ROUND TO TWO DECIMAL PLACES.

You sell bracelets online. The demand for these bracelets is: P=100-2Q The bracelets cost $5 each to produce. If you choose to sell a bracelet, you cannot sell a necklace, which has averaged $13 in profit. At what price should you sell the bracelets? Enter as a value. ROUND TO TWO DECIMAL PLACES.

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter5: Consumer Choice: Individual And Market Demand

Section: Chapter Questions

Problem 2DQ

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