Hula Products has reintroduced the hula hoop to the world and faces a growing demand for its product in two distinct markets: th
e United States and Europe. Demand in these markets is:PU= 20 - .1QUand PE= 10 - .05QE.,where all quantities are expressed in thousands of units (i.e. QU = 50 means 50 thousand units). Hula can produce hoops at no cost.Hula has a capacity constraint and can produce a maximum of 95 thousand hoops. What would be the optimal quantity to sell in Europe (QE)?
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<span>One part of Henry Clay's proposed American system to bring about economic improvement included support for a high tariff, the intent of which was to protect American industries while also generating revenue for the federal government.</span>
