If the cost function is C = 100 + 40x, and the revenue function is R = 200x - 10x2, find the price p


Question: If the cost function is C = 100 + 40x, and the revenue function is R = 200x – 10x2, find the price p that maximizes the profit.

(a) $8

(b) $120

(c) $20

(d) $540

(e) None of these

Price: $2.99
See Solution: The downloadable solution consists of 1 page
Deliverables: Word Document

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