The CMO of ABC Company presumed that the demand for a Product Y can be modeled by p=80-0.01y where p is price per unit and y is the no. of units. The cost of producing y units is modeled by C=6000+50y+0.04y^2. What is the price will yield the maximum profit
The CMO of ABC Company presumed that the demand for a Product Y can be modeled by p=80-0.01y where p is price per unit and y is the no. of units. The cost of producing y units is modeled by C=6000+50y+0.04y^2. What is the price will yield the maximum profit
Chapter3: Functions
Section3.3: Rates Of Change And Behavior Of Graphs
Problem 3SE: How are the absolute maximum and minimum similar to and different from the local extrema?
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The CMO of ABC Company presumed that the demand for a Product Y can be modeled by p=80-0.01y where p is price per unit and y is the no. of units. The cost of producing y units is modeled by C=6000+50y+0.04y^2. What is the price will yield the maximum profit?
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