EBK BUSINESS ANALYTICS
EBK BUSINESS ANALYTICS
3rd Edition
ISBN: 9780136880844
Author: Evans
Publisher: PEARSON
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Chapter 1, Problem 10PE

A manufacturer of headphones is preparing to set the price on a new design. Demand is thought to depend on the price and is represented by the model D = 2 , 500 3 P The accounting department estimates that the total costs can be represented by C = 5 , 000 + 5 D Develop a model for the total profit in terms of the price, P .

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