ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Please use Excel and show your work. I will rate.

 

(1) On a given day, the demand for a famous value burger is d(p) = 7p + 4p² – 2e if 0 <p < 3, where e is the exponential number. Compute the total margin/profit-maximizing price a) ( when the cost of making a burger is 80 cents. when the cost of making a burger is $2. b) I
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Transcribed Image Text:(1) On a given day, the demand for a famous value burger is d(p) = 7p + 4p² – 2e if 0 <p < 3, where e is the exponential number. Compute the total margin/profit-maximizing price a) ( when the cost of making a burger is 80 cents. when the cost of making a burger is $2. b) I
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