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A company has established that the relationship between the sales price for one of its products and the quantity sold per month is approximately p
A company has established that the relationship between the sales price for one of its products and the quantity sold per month is approximately is the demand or quantity sold per month and is the price in dollars The fixed cost is $ per month and the variable cost is $ per unit produced.
a What is the maximum profit per month for this product?
b What is the range of profitable demand during a month?
a The maximum profit per month for this product is $
Round to the nearest dollar.
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