The latest demand equation for your banjos rock t-shirts is given by q = −30x + 7200 where q is the number of shirts you can sell in one week if you charge x dollars per shirt. when you charge x dollars per shirt, your weekly cost function (in dollars) is given by c(x) = −1800x + 567000 (a) find the weekly profit as a function of the price per shirt x.

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.

Dyed-denim corporation is seeking to lower the costs of value creation and achieve a low-cost position. as a result, it plans to move its manufacturing plant from the u.s. to thailand, which based on company research, is the optimal location for production. this strategic move will most likely allow the company to realize

Discuss ways that oracle could provide client customers with the ability to form better relationships with customers.