Question: If C ( x ) = 1 3 , 0 0 0 + 5 0 0 x 1 . 2 x 2 + 0 .

If
C(x)=13,000+500x 1.2x2+0.004x3
is the cost function and
p(x)=2,9006x
is the demand function, find the production level (in units) that will maximize profit. (Hint: If the profit is maximized, then the marginal revenue equals the marginal cost.)

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