Mathematics, 02.12.2020 19:20 bad32

A manufacturing company sells high quality jackets through a chain of specialty shops. the demand equation for this jackets is
p = 400 – 50q
where p is the selling price ( in dollars per jacket) and q is the demand ( in
thousands of jackets). If this company's marginal cost function is given by
dc/dq =800/q + 5
show that there is a maximum profit, and determine the number of jackets that
must be sold to obtain the maximum profit.

Answers: 2

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A manufacturing company sells high quality jackets through a chain of specialty shops. the demand e...