Question: Third Version: A firm is manufacturing widgets. There are no fixed costs, and the variable cost c to manufacture one widget is $1. Through market

Third Version: A firm is manufacturing widgets. There are no fixed costs, and the variable cost c to manufacture one widget is $1. Through market research, the firm has determined the following sales response function: At a price of p, they will sell q = (1,000 - 200p) widgets. What is the profit-maximizing price in dollars) that they should charge for one widget? Question 5 1 pts

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