Find the price that will maximize profit for the demand and cost functions, where p is the price, x is the number of units, and C is the cost. Demand Function  p=78-0.1 square x Cost Function C = 33x + 550

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter4: Linear Functions
Section4.2: Modeling With Linear Functions
Problem 1SE: Explain how to find the input variable in a word problem that uses a linear function.
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Find the price that will maximize profit for the demand and cost functions, where p is the price, x is the number of units, and C is the cost.

Demand Function 

p=78-0.1 square x

Cost Function

C = 33x + 550

 
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