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The Total Cost (C) and the Total Revenue (R), in dollars, for the production and sale of q hair dryers are given by: C

Mathematics /Calculus

The Total Cost (C) and the Total Revenue (R), in dollars, for the production and sale of q hair dryers are given by:

C(q) = 2000 + 5q and R(q) = 40q – 0.05q2

Find the interval(s) of quantity q on which the Profit (P) is (i) increasing and (ii) decreasing.

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