Mathematics, 28.01.2021 20:10, JazminFarris1038

The demand equation for a com- pany is p = 200 − 3x, and the cost function is C(x) = 75 + 80x − x2 , 0 ≤ x ≤ 40. (a) Determine the value of x and the corresponding price that maximize the profit.
(b) If the government imposes a tax on the company of $4 per unit quantity produced, determine the new price that maximizes the profit

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The demand equation for a com- pany is p = 200 − 3x, and the cost function is C(x) = 75 + 80x − x2 ,...