Find the quantity country motorbikes should produce

Reference no: EM131011286

Country Motorbikes Incorporated finds that it costs $300 to produce each motorbike, and that fixed costs are $1500 per day. The price function is p(x) = 600 - 5x, where p is the price (in dollars) at which exactly x motorbikes will be sold. Find the quantity Country Motorbikes should produce and the price it should charge to maximize profit. Also find the maximum profit.

Reference no: EM131011286

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