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a manager estimates that if the company charges p dollars for their new product, where 0

2007-01-07 15:04:44 · 1 answers · asked by Anthony V 1 in Education & Reference Homework Help

1 answers

r(p) = 2000p - 10p^2

To determine the max/min values, you take the derivative, which yields:
2000 - 10 * (2p) = 0

to solve for "p":
2000 = 20p

p = 100

2007-01-07 15:17:06 · answer #1 · answered by thubanconsulting 3 · 0 0

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