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Mathematics
Problem
A company models its daily profit (in hundreds of dollars) from selling a product at a price of
p
p
p
dollars per unit by
P
(
p
)
=
100
p
−
5
p
2
P(p)=100p-5p^{2}
P
(
p
)
=
100
p
−
5
p
2
for
0
≤
p
≤
20
0\le p\le20
0
≤
p
≤
20
. What price
p
p
p
maximizes the daily profit? a)
20
20
20
b)
10
10
10
c)
5
5
5
d)
12
12
12
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