[Solution Library] Use a spreadsheet to answer this problem. Use S1 page 118 as an example. Q = 300-2P , C= 50 + 100Q + 4Q 2 Find Q that maximizes revenue Find
Question: Use a spreadsheet to answer this problem. Use S1 page 118 as an example.
Q = 300-2P , C= 50 + 100Q + 4Q 2
Find Q that maximizes revenue
Find Q that maximizes profit
What is maximum profit in dollar amount?
What is elasticity at this price and quantity?
Deliverable: Word Document 
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