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A manufacturer can produce at a cost of $10 apiece and estimated that if they are sold for x dollars, consumers will buy approximately 80-x
A manufacturer can produce at a cost of $10 apiece and estimated that if they are sold for x dollars, consumers will buy approximately 80-x radios each month. Express the manufacturers monthly profit as a function of the price x, graph this function and determine the price at which the manufacturers profit will be greatest.
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