The american baker’s association reports that annual sales of bakery goods last year rose 15 percent, driven by a 50 percent increase in the demand for bran muffins. most of the increase was attributed to a report that diets rich in bran prevent certain types of cancer. you are the manager of a bakery that produces and packages gourmet bran muffins, and you currently sell bran muffins in packages of three. however, as a result of this new report, a typical consumer’s inverse demand for your bran muffins is now p = 9 - 0.5q. if your cost of producing bran muffins is c(q) = 4.5q, determine the optimal number of bran muffins to sell in a single package and the optimal package price.

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.