In Exercises, find (a) The number, q, of units that produces maximum profit; (b) The price, p,
Question:
In Exercises, find
(a) The number, q, of units that produces maximum profit;
(b) The price, p, per unit that produces maximum profit; and
(c) The maximum profit, P.
C(q) = 100 + 20qe-0.01q; p = 40e-0.01q
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a Since e 001q 0 for all values of q the sign of Pq is the same as the s...View the full answer
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