Suppose you are an analyst for the Coca-Cola Company.An individual's inverse demand for Coca-Cola is estimated to be P = 98 − 4Q (in cents).If Coca-Cola is produced according to the cost function C(Q)= 1,000 + 2Q (in cents),compute the optimal price and the number of cans to sell as a single package.
A) $120 per package and 12 cans
B) $12 per package and 24 cans
C) $11.52 per package and 12 cans
D) $15 per package and 16.67 cans

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The Answer of Suppose you are an analyst for the Coca-Cola Company.An individual's inverse demand for Coca-Cola is estimated to be P = 98 − 4Q (in cents).If Coca-Cola is produced according to the cost function C(Q)= 1,000 + 2Q (in cents),compute the optimal price and the number of cans to sell as a single package.
A) $120 per package and 12 cans
B) $12 per package and 24 cans
C) $11.52 per package and 12 cans
D) $15 per package and 16.67 cans

Suppose You Are an Analyst for the Coca-Cola Company