Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

38. Cost of production: The cost to produce bottled spring water is given by C(x) = 16x + 63, wherer is the number of thousands

image text in transcribed

image text in transcribed
38. Cost of production: The cost to produce bottled spring water is given by C(x) = 16x + 63, wherer is the number of thousands of bottles. The total income (revenue) from the sale of these bottles is given by the function R(x) =Pal+ 326x - 7337. Since profit - revenue - cost. the profit function must be P(x) - -x + 310x - 7400 (verify). How many bottles sold will produce the maximum profit? What is the maximum profit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus Early Transcendentals

Authors: James Stewart

7th edition

538497904, 978-0538497909

Students also viewed these Mathematics questions

Question

Describe the residual-income measure?

Answered: 1 week ago