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Given that price per unit (PhP) = 2,000 D/10, where D is the annual demand (units) and total cost per year can be approximated

Given that price per unit (PhP) = 2,000 – D/10, where D is the annual demand (units) and total cost per year can be approximated by PhP 2,000 + 2D2.

a. How do you know you haven’t minimized profit?

b. What is the maximum profit (PhP) per year?

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