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BaLLatris [955]
3 years ago
14

A home store chain is prepared to buy 3,800 of your Frog & Friends(TM) shower curtains per month for $5 each, but only 3,500

shower curtains per month for $10 each. What is the linear demand function for your Frog & Friends shower curtains?
Business
1 answer:
neonofarm [45]3 years ago
5 0

Answer:

The linear demand function for Frog & Friends Shower curtains is q = -60p + 4,100

Explanation: $5 each ===> 3,800 curtains per month

$10 each ===> 3,500 curtains per month.

===> slope of the demand line is (3800-3500)/(5-10) = 300/-5 = -60

===> demand function is q = -60p + c for some constant c.

Let 3,800 = -60*5 + c.

=3800 = -300 + c

===> c = 4,100.

Therefore the linear demand function for frog & friends curtains is q = -60p + 4,100

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Answer:

A) The marketing research process

Explanation:

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Defining the problem, developing the research plan, collecting information, analyzing information, presenting the findings and lastly making decision.

3 0
3 years ago
assume bell computer company operates in a perfectly competitive market producing 5,000 computers per day. at this output level,
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In a perfectly competitive market bell computers will cause profits to increase by producing one more.

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6 0
1 year ago
During the current year, Central Auto Rentals purchased 60 new automobiles at a cost of $15,000 per car. The cars will be sold t
borishaifa [10]

Answer:

a. $0.20

b. $322,000

Explanation:

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Answer:

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Explanation:

Hope this helps :D

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Answer:

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