80. Maximum Profit The profit P (in dollars) generated by sell- ing x units of a certain commodity is given by P(x) = -1500 + 12x – 0.0004x² What is the maximum profit, and how many units must be sold to generate it?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter5: Exponential And Logarithmic Functions
Section5.4: Exponential And Logarithmic Equations
Problem 83E: The number N of beavers in a given area after x years can be approximated by N=5.5100.23x,0x10. Use...
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Maximum Profit The profit P (in dollars) generated by selling x units of a certain commodity is given by

80. Maximum Profit The profit P (in dollars) generated by sell-
ing x units of a certain commodity is given by
P(x) = -1500 + 12x – 0.0004x²
What is the maximum profit, and how many units must be
sold to generate it?
Transcribed Image Text:80. Maximum Profit The profit P (in dollars) generated by sell- ing x units of a certain commodity is given by P(x) = -1500 + 12x – 0.0004x² What is the maximum profit, and how many units must be sold to generate it?
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