Suppose that the demand x (in units) for a product is x = 6,000 - 50p, where p %3D dollars is the market price per unit. Then the consumer expenditure for the product is E = px = 6,000p - 50p?. For what market price will expenditure be greatest? $ Need Help? Read It Watch It

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter4: Systems Of Linear Equations
Section4.3: Solve Mixture Applications With Systems Of Equations
Problem 4.60TI: The manufacturer of a weight training bench spends $120 to build each bench and sells them for $170....
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Suppose that the demand x (in units) for a product is x = 6,000 - 50p, where p
dollars is the market price per unit. Then the consumer expenditure for the
product is
E = px = 6,000p - 50p?.
For what market price will expenditure be greatest?
$
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Watch It
Transcribed Image Text:Suppose that the demand x (in units) for a product is x = 6,000 - 50p, where p dollars is the market price per unit. Then the consumer expenditure for the product is E = px = 6,000p - 50p?. For what market price will expenditure be greatest? $ Need Help? Read It Watch It
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