A company manufactures a popular style of chair. The price-demand function for this chair is given by

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A company manufactures a popular style of chair. The price-demand function for this chair is given by p(x)=250x, where x is the number of chairs sold. The fixed cost of production for this chair is $125 and the variable cost is $50. What is the company's profit if they manufacture 50 chairs? Do not include a dollar sign or commas in your answer. Provide your answer below: $$

Posted Date: May 18, 2024 08:03 PM

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A company manufactures a popular style of chair. The price-demand function for this chair is given by

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