( please solve within 15 minutes I will give thumbs up thanks) SaveA manufacturer can produce at most 100 units of a certain product each year. The demand equation for the product in p q-100g 2100 and the manufacturer's15,000average cost function is c- 50g +Determine the profit-maximizing output q and the corresponding maximum profit.

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Answered: A manufacturer can produce at most 100…

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter12: Algebra Of Matrices

Section12.CR: Review Problem Set

Problem 37CR

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A manufacturer can produce at most 100 units of a certain product each year. The demand equetion for the product in p q-100g + 2100 and the manufa 15.000 50g+ Determine the profit maximizing output q and the corresponding mavimum profit. average cost function is e