commodity has a demand function modeled by p = 128 0.5x and a total cost function modeled by C = 50x + 35.75, where x is the number of units. a) What unit price (in dollars) yields a maximum profit? per unit ) When the profit is maximized, what is the average cost (in dollars) per unit? (Round your answer to two decimal places.) per unit

commodity has a demand function modeled by p = 128 0.5x and a total cost function modeled by C = 50x + 35.75, where x is the number of units. a) What unit price (in dollars) yields a maximum profit? per unit ) When the profit is maximized, what is the average cost (in dollars) per unit? (Round your answer to two decimal places.) per unit

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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