Answered: Given cost and price (demand)…

Given cost and price (demand) functions C(q)=100q+42,000 and p(q)=−1.9q+850, how many items must be sold to earn maximum profit?

Elementary Geometry For College Students, 7e

7th Edition

ISBN:9781337614085

Author:Alexander, Daniel C.; Koeberlein, Geralyn M.

Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.

Chapter8: Areas Of Polygons And Circles

Section8.5: More Area Relationships In The Circle

Problem 30E: At the Pizza Dude restaurant, a 12-in. pizza costs 5.40 to make, and the manager wants to make at...

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Question

Given cost and price (demand) functions

C(q)=100q+42,000

and

p(q)=−1.9q+850,

how many items must be sold to earn maximum profit?

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