A manufacturer estimates that its product can be produced at a total cost of ?(?)=45,000+100?+?3C(x)=45,000+100x+x3 dollars. If the manufacturer's total revenue for the sale of ?x units is ?(?)=5200?R(x)=5200x dollars, determine the level of production ?x that will maximize profit. [Hint; find the profit function first.] Answer units (Round to the nearest whole number.) Find the maximum profit. $Answer (Round to the nearest whole number.)
A manufacturer estimates that its product can be produced at a total cost of ?(?)=45,000+100?+?3C(x)=45,000+100x+x3 dollars. If the manufacturer's total revenue for the sale of ?x units is ?(?)=5200?R(x)=5200x dollars, determine the level of production ?x that will maximize profit. [Hint; find the profit function first.] Answer units (Round to the nearest whole number.) Find the maximum profit. $Answer (Round to the nearest whole number.)
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Polynomial And Rational Functions
Section9.4: Graphing Polynomial Functions
Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...
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A manufacturer estimates that its product can be produced at a total cost of ?(?)=45,000+100?+?3C(x)=45,000+100x+x3 dollars. If the manufacturer's total revenue for the sale of ?x units is ?(?)=5200?R(x)=5200x dollars, determine the level of production ?x that will maximize profit. [Hint; find the profit function first.]
Answer units (Round to the nearest whole number.)
Find the maximum profit.
$Answer (Round to the nearest whole number.)
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