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The price function for a certain commodity is p(x)= -x^2+6x+9. The cost to manufacture this commodity is given by the function c(x)- 9x+10. 1) What
The price function for a certain commodity is p(x)= -x^2+6x+9. The cost to manufacture this commodity is given by the function c(x)- 9x+10.
1) What is the revenue function and marginal revenue function?
2) What is the profit function and marginal profit function?
3) What is the maximum profit and the value of x that determines that profit?
4) What is the price to produce the quantity x when producing at maximum profit?
Thank you!
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