According to information found on the production analysis page of the Inquirer, Digby sold 1126 units of Drum in the current year. Assuming that Drum maintains a constant market share, all the units of Drum are sold in the Nano market segment and the growth rate remains constant, how many years will it be before Drum will not be able to meet future demand unless the company adds production capacity

You are the owner of a local honda dealership. unlike other dealerships in the area, you take pride in your “no haggle” sales policy. last year, your dealership earned record profits of $1.5 million. however, according to the local chamber of commerce, your earnings were 10 percent less than either of your competitors. in your market, the price elasticity of demand for midsized honda automobiles is 4.5. in each of the last five years, your dealership has sold more midsized automobiles than any other honda dealership in the nation. this entitled your dealership to an additional 30 percent off the manufacturer’s suggested retail price (msrp) in each year. taking this into account, your marginal cost of a midsized automobile is $11,000. what price should you charge for a midsized automobile if you expect to maintain your record sales?