A manufacturer sells 50 boats per month at $25000 per boat, and each month demand is increasing at a rate of 4 boats per month. What is the fastest you could drop your price before your monthly revenue starts to drop

For the revenue per month to drop, the price per boat per month has to drop more than $2,000

Explanation:

Given:

Number of boats sold per month = 50

Cost of each boat = $25,000

Each month demand increases at a rate of 4 boats per month.

Required:

Find the fastest price could drop before monthly revenue starts to drop.

Revenue, R = Price × Quantity

R = P × Q

Differntiate both sides with respect to time, t:

For the fastest price could drop before monthly revenue starts to drop,

Thus,

Since the answer is negative, it indicates a drop in price.

Therefore, for the revenue per month to drop, the price per boat per month has to drop more than $2,000

i think the answer would be b hope this

answer; the correct answer is (direct foreign investment);