Question: 2 2 . The demand equation for a quantity ( q ) of a product at price ( p ) ,
The demand equation for a quantity q of a product at price p in dollars, is p q Companies producing the product report the cost, C in dollars, to produce a quantity q is C q dollars.
a Express a company's profit, in dollars, as a function of q
b What production level earns the company the largest profit?
c What is the largest profit possible?
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