The cost function to produce q electric cat brushes is given
Question and Solution
The cost function to produce q electric cat brushes is given by C(q) = -10q2 + 250q. The demand function is given by p =
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The cost function to produce q electric cat brushes is given by C(q) = -10q2 + 250q. The demand function is given by p = -q2-3q+299, where p is the price in dollars. (A) State the profit function. (B) Find the number of brushes that will produce the maximum profit. (C) Find the price that produces the maximum profit. (D) Find the maximum profit.
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