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Develop the nonlinear profit function for the tire company

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Question - The Grady Tire Company Recaps tires. The weekly fixed cost is $2,500, and the variable cost per tire is $9. Price is related to demand, according to the following linear equation: v = 200 - 4.75p. Develop the nonlinear profit function for the tire company and determine the optimal price, the optimal volume, and the maximum profit per week.

Reference no: EM132996698

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