The monthly profit from the sale of x units of a product is P 80x 0 04x 2 12,000 dollars (a) What level of production maximizes profit (b) What is the maximum possible profit ...

P 80x 004x 2 12000 The vertex coordinates are th ...

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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Mathematical Applications For The Management, Life And Social Sciences

ISBN: 9781337625340

12th Edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Oct 06, 2020 12:39 AM

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The monthly profit from the sale of x units of a product is P = 80x -

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