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 Cost Function p = 76 − 0.1 x C = 31x + 500 $ per unit
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 Cost Function p = 76 − 0.1 x C = 31x + 500 $ per unit
Chapter4: Systems Of Linear Equations
Section4.3: Solve Mixture Applications With Systems Of Equations
Problem 158E: The manufacturer of an energy drink spends $1.20 to make each drink and sells them for $2. The...
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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 | Cost Function | |||
p = 76 − 0.1
|
C = 31x + 500 |
$ per unit
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