Profit The demand and cost functions for a product can be modeled by and where is the

Chapter 2, Problem 100

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Profit The demand and cost functions for a product can be modeled by and where is the number of units produced. (a) Write the profit function for this product. (b) Find the marginal profit when 80,000 units are produced. (c) Graph the profit function on a graphing utility and use the graph to determine the price you would charge for the product. Explain your reasoning.

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