The profit function of a firm is P = -x² + 40x – 300, and the cost function is C(x) = 10x + 300. then the demand function for this firm is Select one: O a. p = 50 – x O b.p = x – 30 Ocp = x + 50 600 O d. p = 50 – x

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter6: Systems Of Equations And Inequalities
Section6.2: Two-variable Linear Systems
Problem 9ECP
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The profit function of a firm is P = -x² + 40x – 300, and the cost function is C(x) = 10x + 300.
then the demand function for this firm is
Select one:
O a. p = 50 – x
O b.p = x – 30
O cp = x + 50
600
O d. p = 50 – x
Transcribed Image Text:The profit function of a firm is P = -x² + 40x – 300, and the cost function is C(x) = 10x + 300. then the demand function for this firm is Select one: O a. p = 50 – x O b.p = x – 30 O cp = x + 50 600 O d. p = 50 – x
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