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A company produces laptops.  It has fixed costs of $50,000, and it costs $314 to produce each...

  1. A company produces laptops.  It has fixed costs of $50,000, and it costs $314 to produce each laptop.  The company determines that if they charge a price of $4900 per laptop, they can sell 8000 laptops.  In order to sell 10000, they would need to lower the price to $2500 per laptop.  
    1. Write out your cost, price, revenue, and profit equations.

C(q)=

p(q)=

R(q)=

pi(q)=

b. How much profit can the company earn by if the decide to charge $3199 per laptop?

Math   Precalculus   
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