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haris123
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1. In all of this question assume the cost to produce and sell every 100 units of a product is $ 30 and that the demand function is p =100/ (root q) dollars per 100 units, where p; q > 0
(a) State the profitt function, F (q).
(b) Calculate the absolute maximum profit and the level of production at which the maximum profit occurs under the extra assumption that q belongs to [3; 8]
(a) State the profitt function, F (q).
(b) Calculate the absolute maximum profit and the level of production at which the maximum profit occurs under the extra assumption that q belongs to [3; 8]