Mathematics, 25.05.2020 00:58 Jazs7202

A company manufactures a popular style of chair. The price-demand function for this chair is given by
p(x)=250−x,
where x is the number of chairs sold. The fixed cost of production for this chair is $125 and the variable cost is $50. What is the company’s profit if they manufacture 50 chairs? Do not include a dollar sign or commas in your answer.

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