Maximizing Profit
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Suppose that a laundry service determines that to attract x customers per day, its price of service must be 3.20 - 0.02x dollars.
If their total cost to serve x customers is 0.05x^2 + 1.10x + 120 dollars, how many customers should be served to maximize their profit? (Hint: Use the price to help get the revenue)
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Suppose that a laundry service determines that to attract x customers per day, its price of service must be 3.20 - 0.02x ...
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