Question: 1. The profit function for a certain commodity is P(x) = 110x - x2 - 1000. Find the level of production that yields maximum profit,

1. The profit function for a certain commodity is P(x) = 110x - x2 - 1000. Find the level of production that yields maximum profit, and find the maximum profit?

2. The profit function for a firm making widgets is P(x) = 88x - x2 - 1200. Find the number of units at which maximum profit is achieved, and find the maximum profit?

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