Question: he weekly demand function for x units of a product sold by only one firm is p =60012 x dollars, and the average cost of
he weekly demand function for x units of a product sold by only one firm is p =60012 x dollars, and the average cost of production and sale is C =400+2x dollars. (a) Find the quantity that will maximize profit. units (b) Find the selling price at this optimal quantity. $ per unit (c) What is the maximum profit?
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