Profit You decide to form a partnership with another business. Your business determines
Chapter 2, Problem 59(choose chapter or problem)
Profit You decide to form a partnership with another business. Your business determines that the demand x for your product is inversely proportional to the square of the price for (a) The price is $1000 and the demand is 16 units. Find the demand function. (b) Your partner determines that the product costs $250 per unit and the fixed cost is $10,000. Find the cost function. (c) Find the profit function and use a graphing utility to graph it. From the graph, what price would you negotiate with your partner for this product? Explain your reasoning.
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