A product can be produced at a total cost C(x) = 800+100x2+x3 dollars, where x is the
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produced. If the total revenue is given by R(x) = 60,000x-50x2 dollars, determine the level of
production, x, that will maximize the profit. Find the maximum profit.
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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