A firm can produce only 3200 units per month. The monthly total cost is given by C(x) = 400 + 200x dollars, where x is the number produced. If the total revenue is given by R(x) = 350x − 1 100x2 dollars, how many items, x, should the firm produce for
A firm can produce only 3200 units per month. The monthly total cost is given by C(x) = 400 + 200x dollars, where x is the number produced. If the total revenue is given by R(x) = 350x − 1 100x2 dollars, how many items, x, should the firm produce for
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Problem 17T: A T-shirt company can produce and sell x T-shirts per day. The total cost C (in dollars) for...
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Question
A firm can produce only 3200 units per month. The monthly total cost is given by
C(x) = 400 + 200x
dollars, where x is the number produced. If the total revenue is given by
R(x) = 350x −
x2
1 |
100 |
dollars, how many items, x, should the firm produce for maximum profit?
x = items
Find the maximum profit.
$
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