A film company is deciding on the price of the video release on one of its films. Its marketing people estimate that at a price of p dollars, it can sell a total of q = 250000 – 10000 -p copies, but each copy costs $ 2 to make. What price will give the greatest profit?

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter4: Rational Expressions
Section4.CM: Cumulative Review Problem Set
Problem 48CM
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A film company is deciding on the price of the video release on one of its films. Its marketing people estimate that at a price of p dollars, it can sell a total of q = 250000 – 10000 -p copies, but each copy costs $ 2 to make. What price will give the greatest profit?
Transcribed Image Text:A film company is deciding on the price of the video release on one of its films. Its marketing people estimate that at a price of p dollars, it can sell a total of q = 250000 – 10000 -p copies, but each copy costs $ 2 to make. What price will give the greatest profit?
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