Engineering, 22.11.2020 14:00 marcoantonioperezpan

A large company in the communication and publishing industry has quantified the relationship between the price of one of its products and the demand for this product
as Price = 150 − 0.01 × Demand for an annual printing of this particular product. The
fixed costs per year (i. e., per printing) = $50,000 and the variable cost per unit=$40.
What is the maximum profit that can be achieved if the maximum expected demand.
is 6,000 units per year? What is the unit price at this point of optimal demand?

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