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Business Bargains manufactures office supplies. It is considering selling sticky-notes in the shape of the state in which they will be sold. The expense and revenue functions are E = -250p + 50,000 and R = -225p2 + 7,200p.
a. Determine the profit function.
b. Determine the price, to the nearest cent, that yields the maximum profit.
c. Determine the maximum profit, to the nearest cent. |
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