15. A manufacturer of mp3 players is preparing to set the price on a new model. Demand...

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15. A manufacturer of mp3 players is preparing to set the price on a new model. Demand is thought to depend on the price and is represented by the model D = 2,500 - 3P The accounting department estimates that the total costs can be represented by C = 5,000 + 5D Develop a model for the total profit in terms of the price, P.

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Business Analytics

ISBN: 9781292095448

2nd Global Edition

Authors: James R. Evans

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