A small tie shop sells ties for $3.50 each. The daily cost function is estimated to be
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A small tie shop sells ties for $3.50 each. The daily cost function is estimated to be C(x) dollars, where x is the number of ties sold on a typical day and C(x) = .0006x3 - .03x2 + 2x + 20. Find the value of x that will maximize the store’s daily profit.
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The revenue function is Rx 35x Thus the prof...View the full answer
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Related Book For 
Calculus And Its Applications
ISBN: 9780134437774
14th Edition
Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar
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