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What is the most profit you can make

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Reference no: EM131313711

Marketing tells you that if you set the price of an item at $10 then you will be unable to sell it, but that you can sell 500 items for each dollar below $10 that you set the price. Suppose your fixed costs total $3000, and your marginal cost is $2 per item. What is the most profit you can make?

Reference no: EM131313711

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