An industry with a monopoly on a product has its average wee

Reference no: EM13799846

An industry with a monopoly on a product has its average weekly costs given by C(x)=(10000)/x +60-.03x+.00001x^2 The weekly demand for the product is given by p=120-.015x. Find the price the industry should set and the number of units it should produce to obtain max profit. Find max profit

Reference no: EM13799846

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