Question: A commodity has a demand function modeled by p = 126 0.5x and a total cost function modeled by C = 50x + 35.75, where

A commodity has a demand function modeled by p = 126 0.5x and a total cost function modeled by C = 50x + 35.75, where x is the number of units. (a) What unit price (in dollars) yields a maximum profit? (b) When the profit is maximized, what is the average cost (in dollars) per unit? (Round your answer to two decimal places.)

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