Suppose you are the marketing manager for the Fruit of the Loom.An individuals' inverse demand for Fruit of the Loom women's underwear is estimated to be P = 25 - 3Q (in cents) .If cost to Fruit of the Loom to producing women's underwear is C(Q) = 1 + 4Q (in cents) , compute the profit Fruit of the Loom will earn by charging the optimal block price.
A) $1.09.
B) $1.37.
C) $108.50.
D) $136.50.
Correct Answer:
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