Question:
For a production level of x units of a commodity, the cost
Last updated: 7/17/2022
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For a production level of x units of a commodity, the cost function in dollars is C=200x +4100. The demand equation is p = 300 -0.05x. What price p will maximize the profit? A) $100 B) $250 C) $900 D) $1500 E) $6000