A manufacturer estimates that its product can be produced at a total cost of C(x) = 55,000+100x + x3 dollars. If the manufacturer's total revenue from the sale of x units is R(x) = 5800x dollars, determine the level of production x that will maximize the profit. (Round your answer to the nearest whole number.) units Find the maximum profit. (Round your answer to the nearest dollar.) $
A manufacturer estimates that its product can be produced at a total cost of C(x) = 55,000+100x + x3 dollars. If the manufacturer's total revenue from the sale of x units is R(x) = 5800x dollars, determine the level of production x that will maximize the profit. (Round your answer to the nearest whole number.) units Find the maximum profit. (Round your answer to the nearest dollar.) $
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.2: The Rectangular Coordinate System And Graphing Lines
Problem 102E: Crime prevention The number f(x) of incidents of family violence requiring police response appears...
Question
![A manufacturer estimates that its product can be produced at a total cost of C(x) = 55,000+100x + x3 dollars. If the manufacturer's total revenue from the sale of x units is R(x) = 5800x dollars, determine the level of production x that will
maximize the profit. (Round your answer to the nearest whole number.)
units
Find the maximum profit. (Round your answer to the nearest dollar.)
$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe4c08af9-5d4b-4492-bc1d-f80f84af0110%2Fa9cff7a2-53f8-4e69-b2c2-38b8dae637c8%2Fjf0b3e_processed.png&w=3840&q=75)
Transcribed Image Text:A manufacturer estimates that its product can be produced at a total cost of C(x) = 55,000+100x + x3 dollars. If the manufacturer's total revenue from the sale of x units is R(x) = 5800x dollars, determine the level of production x that will
maximize the profit. (Round your answer to the nearest whole number.)
units
Find the maximum profit. (Round your answer to the nearest dollar.)
$
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