Hercules Films is deciding on the price of the video release of its film Bride of the Son of Frankenstein. Marketing estimates that at a price of p dollars, it can sell
q = 200,000 − 20,000p
copies, but each copy costs $4 to make. What price will give the greatest profit? *optimization problem

Question

Hercules Films is deciding on the price of the video release of its film Bride of the Son of Frankenstein. Marketing estimates that at a price of p dollars, it can sell 
q = 200,000 − 20,000p
 copies, but each copy costs $4 to make. What price will give the greatest profit? *optimization problem

anonymous · Answer

My first question for you: have you started calculus yet? Someone yesterday had to do an optimization problem without it, and I had no idea what to do to help them.