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A home business examines its monthly production costs and sales and finds the cost function when x items are produced is given by: C(x)
A home business examines its monthly production costs and sales and finds the cost function when x items are produced is given by: C(x) = 1873 +40x - 0.021x2 (in dollars) and the price each item can be sold for is given by: p(x) = 86 0.09x (in dollars) Find the revenue when the profit is maximized. Round your answer to two decimal places and do not include units.
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To find the revenue when the profit is maximized we would first need to determine the profit functio...Get Instant Access to Expert-Tailored Solutions
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Step: 3
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