Develop a model for the total profit

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Reference no: EM13167592

Manufacturer of mp3 players is preparing to set the price on a new model.

Demand is thought to depend on the price and is represented by the model

D = 2,000 - 3P

The accounting department estimates that the total costs can be represented by

C = 5,000 + 4D

Develop a model for the total profit.

Reference no: EM13167592

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