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A company manufactures and sells x cameras per week

Economics Dec 03, 2020

A company manufactures and sells x cameras per week. The weekly price-demand and cost equations are, respectively,

p = 400 − 0.5 x

C ( x ) = 2 , 000 + 200 x

What price should the company charge for the cameras, and how many cameras should be produced to maximize the weekly revenue? What is the maximum revenue?

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