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.

Economics Today and Tomorrow, Student Edition
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ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter7: Demand And Supply
Section: Chapter Questions
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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.
Transcribed Image Text: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.
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