Question
The profit (IT) in thousands of dollars as a function of the price of a product can be modeled using the function = -2(p-2)
The profit (IT) in thousands of dollars as a function of the price of a product can be modeled using the function = -2(p-2) + 5p. What is the price that maximizes the profit? T p = $2.88 p = $3.14 p = $3.25 p = $4.44 p = $4.79
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Managerial Economics
Authors: Paul Keat, Philip K Young, Steve Erfle
7th edition
0133020266, 978-0133020267
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