Question: (1 point] Accmpany has found that the relationship between the price p and the demand I for a particular product la given approximately by p
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(1 point] Accmpany has found that the relationship between the price p and the demand I for a particular product la given approximately by p =1170 0.19;? The company.r also knows that the coat of producing the product is given by Cfx) = 810 + 3841'. Find Pix). the profit function. Pfx] = Now use the profit function to do the following: tn) Find the average of the x values of all local maxima of P. Note: If there are no local maxima, enter 4000. Average of x values = (E) Find the average of the x values of all local minima of P. Note: If there are no local minima, enter 4:00. Average of 1: values = (C) Use Interval notation to indicate where P{x) is concave up. Note: Enter '|' for no. '-|'1'or oc, and 'U' forthe union symbol. If you have extra boxes, fill each In with an 'x'. Concave up: {D} Uae Interval notation to Indicate where P(x) la concave down. Concave down
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