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The demand and cost equations for a stethoscope are given by and
where
is the unit price (in dollars) ,
is the total cost (in dollars) , and
is the number of units.The total profit
(in dollars) obtained by producing and selling
units is given by
Determine a price
that would yield a profit of $4 million.
Stored
Kept or accumulated for future use, referring to anything that can be retained or conserved for a period of time.
Compete
To strive for a goal, such as a prize or higher status, against others by overcoming challenges and obstacles.
Topsoil
The uppermost layer of soil, which has the highest concentration of organic matter and microorganisms, and is where most plant roots grow.
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