The weekly demand function for x units of a product sold by only one firm is p=600-1/2
Question:
(a) Find the quantity that will maximize profit.
(b) Find the selling price at this optimal quantity.
(c) What is the maximum profit?
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Rx px 600x 12 x 2 Cx Cx 300x2x 2 Px 3005x P...View the full answer
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Related Book For 
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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