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A major software developer has estimated the demand for its new personal finance software package to...

A major software developer has estimated the demand for its new personal finance software package to be Q = 1,000,000P^(−2) while the total cost of the package is C = 10,000 + 25Q. If this firm wishes to maximize profit, what percentage markup should it place on this product where percentage markup is defined as 100*(sale price – marginal cost)/marginal cost?

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