The demand equation for a product is given by p+2x2 = 2800 where p is the price in dollars and X is the demand. The cost per item is $100. Find the PRICE which maximizes the profit. O A. 900 ОВ. 1900 Ос. 300 O D. 1350 O E. 3400

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
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The demand equation for a product is given by
.2
p +2x = 2800
where p is the price in dollars and X is the demand. The cost per
item is $100. Find the PRICE which maximizes the profit.
O A.
900
Ов. 1900
O B.
C. 300
O D.
1350
O E.
3400
Transcribed Image Text:The demand equation for a product is given by .2 p +2x = 2800 where p is the price in dollars and X is the demand. The cost per item is $100. Find the PRICE which maximizes the profit. O A. 900 Ов. 1900 O B. C. 300 O D. 1350 O E. 3400
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