A business has found that it can sell 780 items if it sets its price to$68.69. However, if it lowers its price to$45.52, it can sell 950 items. (a) Find the linear demand equation (price function) for sellingxitems.p(x)=It costs the business$8.22per item to produce and they have$3,650in overhead each month. (b) Find the linear Cost, and quadratic Revenue and Profit functions for producing/sellingC(x)=R(x)=P(x)=âx+x2+x2+âx+x+â(c) Consider the maximum profit the company can make: To maximize their profit, they should sell items at a price of$each and they will make$
