Question: A commodity has a demand function modeled by p= 35 -0.5x, and a total cost function modeled by C = 8x + 34. (a)

A commodity has a demand function modeled by p= 35 -0.5x, and a total cost function modeled by C = 8x + 34. (a) What price yields a maximum profit? $ X per unit (b) When the profit is maximized, what is the average cost per unit? (Round your answer to two decimal places.) $ Need Help? Read It

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