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√x Cost funstion: C= 33x+600
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√x Cost funstion: C= 33x+600
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Problem 17T: A T-shirt company can produce and sell x T-shirts per day. The total cost C (in dollars) for...
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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√x
Cost funstion: C= 33x+600
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