Given cost and price (demand) functions C(q) = 120q + 42,000 and p(q) = - 1.9q + 870, what is the maximum profit that can be earned? It would be (Round answer to nearest cent.)

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) = 120q + 42,000 and p(q) = - 1.9q + 870, what is the maximum profit that can be earned?
A
It would be $.
(Round answer to nearest cent.)
/1)
Transcribed Image Text:Given cost and price (demand) functions C(q) = 120q + 42,000 and p(q) = - 1.9q + 870, what is the maximum profit that can be earned? A It would be $. (Round answer to nearest cent.) /1)
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