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A product costs the manufacturer ₹20 per unit. The demand function is given by $p(x) = 1000 - 20x$, then the quantity for maximum profit is: |
25 units 50 units 49 units $\frac{49}{2}$ units |
$\frac{49}{2}$ units |
The correct answer is Option (4) - $\frac{49}{2}$ units |
