Suppose You Are the Marketing Manager for Fruit of the Loom.An

Multiple Choice

Suppose you are the marketing manager for Fruit of the Loom.An individual's inverse demand for Fruit of the Loom women's underwear is estimated to be P = 25 − 3Q (in cents) .If the cost to Fruit of the Loom to produce an item of women's underwear is C(Q) = 1 + 4Q (in cents) ,compute the price Fruit of the Loom should charge for a package of women's underwear.

A) $1.09
B) $1.02
C) $108.50
D) $136.50