Develop a model for the total profit

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manufacturer of mp3 players is preparing to set the price on a new model.
Demand is thought to depend on the price and is represented by the model
D = 2,000 - 3P
The accounting department estimates that the total costs can be represented by
C = 5,000 + 4D
Develop a model for the total profit.

    • 10 years ago
    Develop a model for the total profit
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