Your latest CD - ROM drive is expected to sell between
?
and
?
units if priced at p. You plan to set the price between $200 and $400. What are the maximum and minimum possible revenues you can make? What is the average of all the possible revenues you can make?
?
A. $36,800,000,000, $8,000,000,000, $140,166,667
B. $38,000,000, $16,000,000, $34,500,000
C. $36,800,000,000, $8,000,000,000, $73,500,000
D. $45,960,000, $79,840,000, $3,120,000
E. $92,000,000, $40,000,000, $774,000,000,000,000
Answer: B
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A.
B.
C.
D.