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Homework: HW 1.5 Applications in Business and Economics Score: 0 of 1 pt Instructor-created question Save 17 of 24 (20 complete) ▼ Hw Score: 66.67%, 16 of 24 pts Question Help Given cost and price demand unctions q-120q + 45, 100 and p q·ー2.4q +840 if the company sets the pnce of the em to be $72 how many can expect to sel? It can expect to sell items. Round answer to nearest integer.)

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Answer #1

Answer:

Given

Price function P=-2.4q+840

Since Price P=$720

-2.4q+840=720

q=50 units

Company expect to sell around 50 units.

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