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Mathematics
Problem
A manufacturer’s cost function is
C
(
q
)
=
0.4
q
2
+
20
q
+
600
C(q)=0.4q^{2}+20q+600
C
(
q
)
=
0.4
q
2
+
20
q
+
600
dollars, and each unit sells for a fixed price of \$60. Determine the maximum possible daily profit (in dollars).
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