) Find the quantity that will maxim | units ) Find the selling price at this optin | per unit ) What is the maximum profit?

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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The weekly demand function for x units of a product sold by only one firm is p = 900 - x dollars, and the average cost of production and sale is C = 400 + 2x dollars.
(a) Find the quantity that will maximize profit.
units
(b) Find the selling price at this optimal quantity.
$
per unit
(c) What is the maximum profit?
$
Transcribed Image Text:The weekly demand function for x units of a product sold by only one firm is p = 900 - x dollars, and the average cost of production and sale is C = 400 + 2x dollars. (a) Find the quantity that will maximize profit. units (b) Find the selling price at this optimal quantity. $ per unit (c) What is the maximum profit? $
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