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Integral and profit function

Please choose the correct answer:

Q#16)
suppose that the price-demand equation is given by p = 9 - ln x, where 0 < x <= 200, x is in thousands, and the cost of manufacturing is $3 per item. What price will maximize profit?

$2.00
$2.60
$3.00
$3.20
$4.00
$4.50
none of these

Q#15)

3
&#8747; (x - 2)^11 dx =
1

1/9
2/9
1/10
1/5
1/11
2/11
1/12
1/6
1/13
0
none of these

Solution Preview

Q#16)
suppose that the price-demand equation is given by p = 9 - ln x, where 0 < x <= 200, x is in thousands, and the cost of manufacturing is $3 per item. What price will maximize profit?

$2.00
$2.60
$3.00
$3.20
$4.00
$4.50
none of these

We can find the profit function which is
...

Solution Summary

This shows how to determine the price to maximize profit and find an integral.

$2.19