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e-h please 5. Saltwater taffy can be sold wholesale for $45 per thousand individual candies. The cost of producing x thousand candies is C(x) =
e-h please 5. Saltwater taffy can be sold wholesale for $45 per thousand individual candies. The cost of producing x thousand candies is C(x) = 001x} +.045x2 - 1.75x a. Find the revenue equation b. Can you find maximum revenue? Why or why not? c. What is the marginal revenue? What does it mean? d. Find the profit equation e. Find the number of candies that will produce maximum or minimum profit f. Will the number of candies in part (e) produce maximum or a minimum profit? How do you know? 8. What quantity of candy will cause marginal profit to be $0? What does it mean for marginal profit to be $0? h. What is the maximum profit
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