If the demand curve for the DoorKnobs operating system is related to perceived market share s and actual market share t by the equation p = 98s(1 - x), then in the long run, the highest price at which DoorKnobs would maintain a market share of would be
A) $18.
B) $15.60.
C) $10.80.
D) $12.
E) $14.40.

Question

If the demand curve for the DoorKnobs operating system is related to perceived market share s and actual market share t by the equation p = 98s(1 - x), then in the long run, the highest price at which DoorKnobs would maintain a market share of  would be
A) $18. 
B) $15.60. 
C) $10.80. 
D) $12. 
E) $14.40.

Quizplus · Accepted Answer

The Answer of If the demand curve for the DoorKnobs operating system is related to perceived market share s and actual market share t by the equation p = 98s(1 - x), then in the long run, the highest price at which DoorKnobs would maintain a market share of  would be
A) $18. 
B) $15.60. 
C) $10.80. 
D) $12. 
E) $14.40.

If the Demand Curve for the DoorKnobs Operating System Is