A IImanulacturer belne ves thal the cost Tur „2 C(x) = -x² + 65x + 540 approximates the dollar cost of producing x units of a product. The manufacturer believes it cannot make a profit when the marginal cost goes beyond $370. What is the most units the manufacturer can produce and still make a profit? What is the total cost at this level of production? The manufacturer can make up to units and still make a profit. This leads to a total cost of $

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
icon
Related questions
Question
A manufacturer believes that the cost function
= *
5
x² + 65x + 540
2
C(x)
approximates the dollar cost of producing x units of a product. The manufacturer believes it cannot make a profit
when the marginal cost goes beyond $370. What is the most units the manufacturer can produce and still make a
profit? What is the total cost at this level of production?
The manufacturer can make up to
units and still make a profit.
This leads to a total cost of $|
Transcribed Image Text:A manufacturer believes that the cost function = * 5 x² + 65x + 540 2 C(x) approximates the dollar cost of producing x units of a product. The manufacturer believes it cannot make a profit when the marginal cost goes beyond $370. What is the most units the manufacturer can produce and still make a profit? What is the total cost at this level of production? The manufacturer can make up to units and still make a profit. This leads to a total cost of $|
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning