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The financial analysis department of a software design company determined that the cost of producing x palm assistants is C(x) = 5000 + 3x. The

The financial analysis department of a software design company determined that the

cost of producing x palm assistants is C(x) = 5000 + 3x. The department also determined

the associated price-demand equation to be p = 23 - x

500

, where p is price in dollars.

a) Obtain the profit function.

b) Determine the maximum profit.

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