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Solution - Math 16A Kouba An Example from Economics You...

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Unformatted text preview: Math 16A Kouba An Example from Economics You have a small business which sells boxes of greeting cards. Assume that the demand x for boxes is inversely proportional to the square of the price p of a box of cards. If you charge $20 per box, 125 boxes are sold. Your initial investment is $750 and the cost to you for each box is $5. Find the price p and the number of boxes x which will result in the’maximum profit to you. X:M psz-M—QJV X: £51 MAL pz$a20JX:\R5’/6W 46’ MRS: “to —-> (1: Sojooo M 1°00 2000 Q. X +2 1 ‘t 5 L Q E V D price, P ...
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