A large corporation with monopolistic control in the marketplace has its average daily costs, in dollars, given by C = 1500/x + 100x + x2. The daily demand for x units of its product is given by p = 180,000 − 50x dollars. Find the quantity that gives maximum profit.
x = units
Find the maximum profit.
$ =
What selling price should the corporation set for its
product?
$ =
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