point(s) possible
K
A small company manufactures and sells bicycles. The production manager has determined that the cost and demand
function for q bicycles per week are
C(q) = 10 +5q+q and p= D(q) = 90-q, where p is the price per bicycle.
60
Find the price the company should charge to relaize maximum profit.
OA. 26
OB. 64
OC. 65.8
OD. 1231.07
OE. 25.8
OF. 1450.21