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Business, 01.04.2021 16:50 sajawalkhan148

Worldwide annual sales of a device in 2012–2013 were approximately q = −6p + 3,050 million units at a selling price of $p per unit. Assuming a manufacturing cost of $40 per unit, what selling price would have resulted in the largest annual profit? HINT [See Example 3, and recall that Profit = Revenue − Cost.] (Round your answer to two decimal places.)

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