Solve the problem. 5) The annual revenue and cost functions for a manufacturer of zip drives...
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Solve the problem. 5) The annual revenue and cost functions for a manufacturer of zip drives are approximately R(x)=520x -0.02x2 and C(x) = 160x + 100,000, where x denotes the number of drives made. What is the maximum annual profit? Solve the problem. 5) The annual revenue and cost functions for a manufacturer of zip drives are approximately R(x)=520x -0.02x2 and C(x) = 160x + 100,000, where x denotes the number of drives made. What is the maximum annual profit?
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To find the maximum annual profit first need to determine the value of x that maximizes the profit f... View the full answer
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
Posted Date:
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