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A manufacturer of mp3 players is making to set the price on a new model. Demand is supposed to depend on the price and is represented by the model-
D = 2,000 - 3P
The accounting department approximations that the total costs can be represented by-
C = 5,000 + 4D
Progress a model for the total profit.
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Prepare an analysis of total and unit differential costs if the annual volume is 20,000 units.
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