The demand curve for tickets at an amusement park is: Q=D(p)=190045p Q=D(p)=1900-45p , p > 0 The marginal cost of serving a customer is $14. Using calculus and formulas (but no tables or spreadsheets) to find a solution, what is the profit-maximizing price? Round the equilibrium quantity DOWN to its integer part and round the equilibrium price to the nearest cent.
Solved by S. Q. in 29 mins