A firm has monthly average costs, in dollars, given by C = 43,000 x + 100 + 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 600 units per month, find the number of units that gives maximum profit. x = units Find the maximum profit. $
A firm has monthly average costs, in dollars, given by C = 43,000 x + 100 + 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 600 units per month, find the number of units that gives maximum profit. x = units Find the maximum profit. $
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter4: Rational Expressions
Section4.CR: Review Problem Set
Problem 51CR
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A firm has monthly average costs, in dollars, given by
C =
+ 100 + x
43,000 |
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 600 units per month, find the number of units that gives maximum profit.
x = units
Find the maximum profit.
$
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