Real-World Applicationshard
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An online retailer's demand function for a product is D(p)=500040p+0.5p2D(p) = 5000 - 40p + 0.5p^2 units per month, where pp is price in dollars. The cost to produce each unit is $25, and fixed costs are $10,000 per month. For what price does profit equal zero? (Assume all produced units are sold.)