How many tires should it produce in order to maximize its


Assume DurableTires Corp. faces the following demand curve, P = 250 - 0.1Q. If Durable- Tires' marginal cost is constant at $35, how many tires should it produce in order to maximize its profits? What's DurableTires' profit in this case? Should the elasticity of demand be greater, equal, or less than 1 at the profit-maximizing price and quantity? Explain

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Managerial Economics: How many tires should it produce in order to maximize its
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