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The XYZ Manufacturing Company Produces Ball Bearings

Question 52

Essay

The XYZ manufacturing company produces ball bearings. The annual fixed cost is $20,000 and the variable cost per ball bearing is $3. The price is related to demand according to the following equation: 1000 - 8p.
-What is the derivative of the profit function for the XYZ company? Simplify the terms as much as possible.

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