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jay123 jay123
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6 years ago
What is the nonlinear profit function for the XYZ company? Simplify the terms as much as possible.
 
  The XYZ manufacturing company produces ball bearings. The annual fixed cost is 20,000 and the variable cost per ball bearing is 3. The price is related to demand according to the following equation: 1000 - 8p.
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wrote...
6 years ago
Answer: Z = 1024p - 8p2 - 23,000
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