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Solve the Problem. -The Market Research Department for a Drug Store Chain Arrived

question 54

Multiple Choice

Solve the problem.
-The market research department for a drug store chain arrived at the demand table below, where y is the number of bottles of multivitamins purchased per month (in thousands) at x dollars per bottle. Solve the problem. -The market research department for a drug store chain arrived at the demand table below, where y is the number of bottles of multivitamins purchased per month (in thousands)  at x dollars per bottle.   I)  Find a demand equation using the method of least squares. II)  If each bottle of multivitamins costs the drug store chain $4, how should it be priced to achieve a maximum monthly Profit? [Hint: Use the result from I)  with C = 4y, R = xy, and P = R - C.] A)    B)    C)    D)   I) Find a demand equation using the method of least squares.
II) If each bottle of multivitamins costs the drug store chain $4, how should it be priced to achieve a maximum monthly
Profit? [Hint: Use the result from I) with C = 4y, R = xy, and P = R - C.]


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