Find the maximum profit and the number of units that must be produced and sold in order to yield the maxim C(x), are in thousands of dollars, and x is in thousands of units. R(x) = 7x - 4x2, C(x) =x³ - 5x2 + 3x + 1 The production level for the maximum profit is about (Do not round until the final answer. Then round to the whole number as needed.) units.

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
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Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that​ revenue, R(x)​, and​ cost, C(x)​, are in thousands of​ dollars, and x is in thousands of units.
R(x)=7x−4x^2​,
C(x)=x^3−5x^2+3x+1
 
Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that revenue, R(x), and cost,
C(x), are in thousands of dollars, and x is in thousands of units.
R(x) = 7x - 4x, C(x)=x³ - 5x? + 3x+1
The production level for the maximum profit is about units.
(Do not round until the final answer. Then round to the whole number as needed.)
The profit is about $
(Do not round until the final answer. Then round to the whole number as needed.)
Transcribed Image Text:Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that revenue, R(x), and cost, C(x), are in thousands of dollars, and x is in thousands of units. R(x) = 7x - 4x, C(x)=x³ - 5x? + 3x+1 The production level for the maximum profit is about units. (Do not round until the final answer. Then round to the whole number as needed.) The profit is about $ (Do not round until the final answer. Then round to the whole number as needed.)
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