Big O tires can sell 10,230 Michelin RG Tires per week nationally if the price is...

Big O tires can sell 10,230 Michelin RG Tires per week nationally if the price is set at $85 per tire, but only 8,320 tires if the price is $105 each. Using a LINEAR demand model

1,At what price is the maximum revenue per week achieved? nearest 1$

2.What is that maximum revenue per week? nearest $1,000

3.How many tires will be sold each week at that optimal price (nearest 10 tires)

Expert Solution

milcah answered 1 year ago

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