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The weekly demand for a certain type of dog treat approximately satisfies the equation p=16-2x and the total cost of producing x units of dog

The weekly demand for a certain type of dog treat approximately satisfies the equation p=16-2x and the total cost of producing x units of dog treats is c(x)=50+4x. the quantity x is measured in thousands of pounds, and the price and total cost are measured in thousands of dollars. Determine the level of production and the corresponding price that maximize the profit.

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