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A bakery is planning to introduce a new type of cake to its menu. The demand (D) for the cake as a function of price

A bakery is planning to introduce a new type of cake to its menu. The demand (D) for the cake as a function of price (P) is given by:

D = 500 - 0.2P

The total cost (C) to produce the cakes as a function of demand is given by:

C = 200 + 1.5D

What is the model for the total profit () as a function of price (P)? (Write the calculation)

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