If the Demand Curve for the DoorKnobs Operating System Is

question 15

Multiple Choice

If the demand curve for the DoorKnobs operating system is related to perceived market share s and actual market share t by the equation p = 98s(1 - x) , then in the long run, the highest price at which DoorKnobs would maintain a market share of 6/7 would be

• A)$18.
• B)$15.60.
• C)$10.80.
• D)$12.
• E)$14.40.

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