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April 19, 2014

Homework Help: inter Alegbra

Posted by linda on Sunday, November 14, 2010 at 12:29pm.

A start up computer company can sell 1000 computers if they price them at $500. The number sold will increase by 10 for every $1 decrease in the price. The company has fixed costs of $100,000, and each computer costs $300 to produce. Find the price that will maximize the company's profit. How many computers will they sell st this price?

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