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Trek is a bicycle manufacturing company. Each bike costs $150 to make, and the company's fixed costs are $10,000. In addition, Trek knows that the
Trek is a bicycle manufacturing company. Each bike costs $150 to make, and the company's fixed costs are $10,000. In addition, Trek knows that the price of each bike comes from the price function p(q) = 500 - q/2. At what price will the company sell its bicycles when it maximizes the profit
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