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Submitted by Proteach on Mon, 2012-03-19 03:48
due on Fri, 2012-03-23 03:46
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You estimate that the annual cost of this business will be as


Technology (Web design and maintenance)


Postage and handling




Inventory of cookbooks






You must give up your full-time job, which paid $50,000 per year, and you

worked part-time for half of the year.

The average retail price of the cookbooks will be $30, and their average cost

will be $20.

Assume that the equation for demand is Q = 10,000 – 9,000P, where

Q = the number of cookbooks sold per month

P = the retail price of books.

Show what the demand curve would look like if you sold the books between $25

and $35.