Question
If C ( x ) = 15000 + 600 x 4.8 x 2 + 0.004 x 3 is the cost function and p ( x
If
C(x) = 15000 + 600x 4.8x2 + 0.004x3
is the cost function and
p(x) = 4200 9x
is the demand function, find the production level that will maximize profit. (Hint: If the profit is maximized, then the marginal revenue equals the marginal cost.) units
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Elementary Algebra Graphs And Authentic Applications
Authors: Jay Lehmann
2nd Edition
0321923472, 9780321923479
