The expense function for a widget is E = -3,000p + 250,000. The revenue function is R
Question:
a. Write the profit equation in simplified form.
b. Use the axis of symmetry formula to determine the maximum profit price and the maximum profit.
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a P R E P 600p 2 25000p 3000p 250000 P 600p 2 25000p 3000...View the full answer
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Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
Question Posted:
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