Question: A commodity has a demand function modeled by p =1050.5x and a total cost function modeled by C =30 x+ 35.75, where x is the

A commodity has a demand function modeled byp=1050.5x and a total cost function modeled by

C=30x+35.75, wherexis the number of units.

What price yields a maximum profit?

$per unit

When the profit is maximized, what is the average cost per unit? (Round your answer to two decimal places.)

$per unit

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