Mathematics

Mathematics

Problem

A company models its daily profit (in hundreds of dollars) from selling a product at a price of pp dollars per unit by P(p)=100p−5p2P(p)=100p-5p^{2} for 0≤p≤200\le p\le20. What price pp maximizes the daily profit? a) 2020 b) 1010 c) 55 d) 1212

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