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A large corporation with monopolistic control in the marketplace has its average daily costs, in dollars,...
A large corporation with monopolistic control in the marketplace has its average daily costs, in dollars, given by the following. C = 600 x + 200x + x2 The daily demand for x units of its product is given by p = 90,000 − 100x dollars. Find the quantity that gives maximum profit, and find the maximum profit. What selling price should the corporation set for its product? x = units maximum profit $ selling price
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