A local video store estimates their average customers


A local video store estimates their average customer's demand per year is Q = 7 -2P, and knows the marginal cost of each rental is $0.5. How much should the store charge for each rental if it engages in optimal two part pricing?

Request for Solution File

Ask an Expert for Answer!!
Econometrics: A local video store estimates their average customers
Reference No:- TGS0568764

Expected delivery within 24 Hours