24. The revenue and the cost functions for producing x gizmos are R(x) = 200 x - x² and C(x) = 5000 + 8x . a. Find the profit function P(x). b. How many gizmos should be produced to maximize the profit? What is the maximum profit? %3D

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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24. The revenue and the cost functions for producing x gizmos are
R(x) = 200 x - x² and C(x) = 5000 + 8x .
a. Find the profit function P(x).
b. How many gizmos should be produced to maximize the profit? What is the
maximum profit?
Transcribed Image Text:24. The revenue and the cost functions for producing x gizmos are R(x) = 200 x - x² and C(x) = 5000 + 8x . a. Find the profit function P(x). b. How many gizmos should be produced to maximize the profit? What is the maximum profit?
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