Question: Cannon Precision Instruments makes an automatic electronic flash with Thyrister circuitry. The estimated marginal profit associated with producing and selling these electronic flashes is 0.004x

Cannon Precision Instruments makes an automatic electronic flash with Thyrister circuitry. The estimated marginal profit associated with producing and selling these electronic flashes is 0.004x + 20dollars/unit/month when the production level is x units per month. Cannon's fixed cost for producing and selling these electronic flashes is $16,000/month. At what level of production does Cannon realize a maximum profit? What is the maximum monthly profit?

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