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April 19, 2014

Homework Help: Math11U

Posted by Katya on Sunday, July 18, 2010 at 1:15pm.

A company has been selling 1200 computer games per week at $18 each. Data indicates that for each $1 price increase, there will be a loss of 40 sales per week. It costs $10 to produce each game.
a) State the revenue function
b) State the cost function
c) State the profit function
d) What price will produce the maximum profit

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