Exercise 23. If a compagny sells an item for p = 75 − 0.01x dollars each, and the cost of manufacturing x items is C(x) = 1850 + 28x − x^2 + 0.001x^3, find the production level which maximizes the profit. Round your answer to the nearest whole number. 23A) 710 (23B) 652 (23C) 844 (23D) 657
Exercise 23. If a compagny sells an item for p = 75 − 0.01x dollars each, and the cost of manufacturing x items is C(x) = 1850 + 28x − x^2 + 0.001x^3, find the production level which maximizes the profit. Round your answer to the nearest whole number. 23A) 710 (23B) 652 (23C) 844 (23D) 657
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CR: Review Problem Set
Problem 37CR
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Exercise 23. If a compagny sells an item for p = 75 − 0.01x dollars each, and the cost of manufacturing x items is C(x) = 1850 + 28x − x^2 + 0.001x^3, find the production level which maximizes the profit. Round your answer to the nearest whole number.
23A) 710
(23B) 652
(23C) 844
(23D) 657
(23E) 683
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