The monthly profit from the sale of x units of a product is P = 80x -
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The monthly profit from the sale of x units of a product is P = 80x - 0.04x2 - 12,000 dollars.
(a) What level of production maximizes profit?
(b) What is the maximum possible profit?
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Related Book For
Mathematical Applications For The Management, Life And Social Sciences
ISBN: 9781337625340
12th Edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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