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_ {a} What price yields a maximum prot? Recall that prot is given by the function Pfx} = xp C, where p is a demand
_ {a} What price yields a maximum prot? Recall that prot is given by the function Pfx} = xp C, where p is a demand function, C is a total cost function, and x is the total number of units sold. We are given the demand function p = 103 0.5x and the total cost function C = 30x + 32.?5. Thus, we can state the profit function we need to maximize below. mute 0.5x} (( |:| x )x + 32.?5) 41.5):2 + ( |:| X )x 32.?5 p
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