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The revenue derived from the production of x units of a particular commodity is R(x) =(48x-x 2 )/(x 2 +48)million dollars. What level of production
The revenue derived from the production of x units of a particular commodity is R(x) =(48x-x2)/(x2+48)million dollars. What level of production results in maximum revenue?
A. Maximum at x = 6 and maximum revenue is R(6)=18 (million dollars)
B. Maximum at x = 6 and maximum revenue is R(6)=2.05 (thousand dollars)
C. Maximum at x = 6 and maximum revenue is R(6)=3 (million dollars)
D. Maximum at x = 7 and maximum revenue is R(7)=2.05 (million dollars)
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