Question: (2 points) A. company.r has found that the relationship between the price p and the demand 1: for a particular product is given approximately by

(2 points) A. company.r has found that the
(2 points) A. company.r has found that the relationship between the price p and the demand 1: for a particular product is given approximately by p = 1236 0.12::2. The company also knows that the coat of producing the product is given by C(x) = 830 + 3951:. Find P{x). the prot function. P-zx) = Now use the prot function to do the following. [Hint the demand 1: cannot be negative] {A} Find the average of the x values of all local maxima of P. Note: If there are no local maxima. enter -1 000. Average of x values = (B) Find the average of the x values of all local minima of P. Note: If there a'e no local minima, enter -1000. Average of x values = {C} Use Interval notation to indicate where P(x} is concave up. Note: Enter 'ihf' for on, '-lnf' for oo, and 'U' for the union symbol. Ifyou have extra boxes. till each In with an 'x'. Concave up: [D] Use interval notation to Indicate wl'ere P(x} is concave down. Concave down

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