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Posted: **Mon Jul 11, 2022 10:47 am**

: A Commodity Has A Demand Function Modeled By P 30 0 5x And A Total Cost Function Modeled By C 9x 33 A What Pric 1 (12.26 KiB) Viewed 28 times

A commodity has a demand function modeled by p= 30-0.5x, and a total cost function modeled by C = 9x + 33. (a) What price yields a maximum profit? per unit (b) When the profit is maximized, what is the average cost per unit? (Round your answer to two decimal places.)