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A company manufactures a product in the United States and sells it in England. The unit cost of manufacturing is $ 5 2 . The
A company manufactures a product in the United States and sells it in England. The unit cost of manufacturing is $ The current exchange rate dollars per pound is The demand function, which indicates how many units the company can sell in England as a function of price in pounds is of the power type, with constant and exponent A Develop a model for the company's profit in dollars as a function of the price it charges in pounds Then use a data table to find the profitmaximizing price to the nearest pound. Assume that the price ranges from to in increments of Round your answer for the maximum profit to the nearest dollar and your answer for the best price to the nearest pound. Maximum profit: $
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