For a certain company the cost for producing x items is 40x + 300 and the revenue for selling x items is 80x - 0.5x2 the profit the company makes is how much takes in revenue minus how much it spends (costs). In economic models, one typically wants to maximize its profit or at least wants to make a profit find 2 values of x that will create a profit of 300
For a certain company the cost for producing x items is 40x + 300 and the revenue for selling x items is 80x - 0.5x2 the profit the company makes is how much takes in revenue minus how much it spends (costs). In economic models, one typically wants to maximize its profit or at least wants to make a profit find 2 values of x that will create a profit of 300
ChapterP: Prerequisites
Section: Chapter Questions
Problem 17T: A T-shirt company can produce and sell x T-shirts per day. The total cost C (in dollars) for...
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For a certain company the cost for producing x items is 40x + 300 and the revenue for selling x items is 80x - 0.5x2
the profit the company makes is how much takes in revenue minus how much it spends (costs). In economic models, one typically wants to maximize its profit or at least wants to make a profit find 2 values of x that will create a profit of 300
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