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p = 10 0.0004x and the cost C(x) = 400 + 4x + 0.0001x^2 Where x stands for the quantity of the product produced and

p = 10 0.0004x and the cost C(x) = 400 + 4x + 0.0001x^2 Where x stands for the quantity of the product produced and p for the unit price. Use the mathematical skills in optimization to determine 1. the optimal quantity produced (x) 2. the optimal price p 3. the minimum cost C 4. the maximum revenue R 5. the the maximum profit P

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p=100.0004x and the cost C(x)=400+4x+0.0001x2 Where x stands for the quantity of the product produced and p for the unit price. Use the mathematical skills in optimization to determine 1. the optimal quantity produced (x) 2. the optimal price p 3. the minimum cost C 4. the maximum revenue R 5. the the maximum profit P

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