A large corporation with monopolistic control in the marketplace has its average daily costs, in dollars, given by C = 900 x + 100x + x2. The daily demand for x units of its product is given by p = 360,000 − 50x dollars. Find the quantity that gives maximum profit. x = units Find the maximum profit. $ What selling price should the corporation set for its product? $
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A large corporation with monopolistic control in the marketplace has its average daily costs, in dollars, given by
| 900 |
| x |
The daily demand for x units of its product is given by
Find the quantity that gives maximum profit.
x = units
Find the maximum profit.
$
What selling price should the corporation set for its product?
$
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