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 profit Fruit of the Loom will earn by charging the optimal block price.

A) $0.74
B) $1.37
C) $108.50
D) $136.50