Mathematics
Mathematics, 25.09.2021 02:20, UndeadDelta

I'm having a really hard time understanding this question, can someone help me please I would really appreciate it A certain product costs $10 to make and the relationship between quantity sold q is dependent the price p

q = 1200 - 20p

The profit equation is Total Revenue (p*q) minus Production Cost (10q)

profit = pq - 10q

Using substitution, create a quadratic equation and find the price that maximizes profit.

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Answers: 3

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