Quick profit sells box juice for 1050 and has an inverse


Quick Profit sells box juice for $10.50 and has an inverse demand function of: P = 80 - 0.2Q. At the present price Quick Profit is unable to satisfy demand. The owner, Mr. Deal, wants to increase the price by 60%. Do you agree? Explain!

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Business Economics: Quick profit sells box juice for 1050 and has an inverse
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