Greenyards manufactures and sells yard furniture made out of recycled materials. The company is considering making a
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Greenyard’s manufactures and sells yard furniture made out of recycled materials. The company is considering making a lawn chair from recycled aluminum and fabric. The expense and revenue functions are E = –1,850p + 800,000 and R = –100p2 + 20,000p.
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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a The profit function 1850p 800000 ...View the full answer
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Related Book For 
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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