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A firm has monthly average costs, in dollars, given by C-2000 40,000 + 200 + X where x is the number of units produced per month. The firm can sell its product in a competitive market for $1900 per unit. If production is limited to 100 units per month, find the number of units that gives maximum profit. units Find the maximum profit.

A firm has monthly average costs, in dollars, given by C-2000 40,000 + 200 + X where x is the number of units produced per month. The firm can sell its product in a competitive market for $1900 per unit. If production is limited to 100 units per month, find the number of units that gives maximum profit. units Find the maximum profit.

College Algebra
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
ChapterP: Prerequisites
SectionP.9: Modeling With Equations
Problem 23E
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A firm has monthly average costs, in dollars, given by ć 40,000 + 200 + X where x is the number of units produced per month. The firm can sell its product in a competitive market for $1900 per unit. If production is limited to 100 units per month, find the number of units that gives maximum profit. units x = Find the maximum profit. $
Transcribed Image Text:A firm has monthly average costs, in dollars, given by ć 40,000 + 200 + X where x is the number of units produced per month. The firm can sell its product in a competitive market for $1900 per unit. If production is limited to 100 units per month, find the number of units that gives maximum profit. units x = Find the maximum profit. $
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