Given cost and price (demand) functions C(q) = 100q + 41,000 and p(q) = - 2.1q + 900, What price should be set to maximum profit? A

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Polynomial And Rational Functions
Section9.4: Graphing Polynomial Functions
Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...
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Given cost and price (demand) functions C(q) = 100q + 41,000 and p(g) = - 2.1q + 900, What price should be set to maximum profit?
A
It should be $ per item.
L
(Round answer to nearest cent.)
>
Transcribed Image Text:Given cost and price (demand) functions C(q) = 100q + 41,000 and p(g) = - 2.1q + 900, What price should be set to maximum profit? A It should be $ per item. L (Round answer to nearest cent.) >
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