Suppose that the (total) cost of producing x units is C(x) = x 3 15x 2 +
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Suppose that the (total) cost of producing x units is C(x) = x3 −15x2 + 76x + 10 and that the demand function is p(x) = 55 −3x. Find the number of units for which the profit will be a maximum.
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Profit RC and R Px Hence P 55x3xx15x76x10 x12x21x...View the full answer
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