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For a certain company, the cost function for producing x items is C(x)=40x+100 and the revenue function for selling x items is R(x)=−0.5(x−80)2+3,200. The maximum capacity of the company is 120 items. 3. The company can choose to produce either 40 or 50 items. What is their profit for each case, and which level of production should they choose? Profit when producing 40 items = Profit when producing 50 items =

For a certain company, the cost function for producing x items is C(x)=40x+100 and the revenue function for selling x items is R(x)=−0.5(x−80)2+3,200. The maximum capacity of the company is 120 items. 3. The company can choose to produce either 40 or 50 items. What is their profit for each case, and which level of production should they choose? Profit when producing 40 items = Profit when producing 50 items =

College Algebra
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
Problem 92E
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For a certain company, the cost function for producing x items is C(x)=40x+100 and the revenue function for selling x items is R(x)=−0.5(x−80)2+3,200. The maximum capacity of the company is 120 items.

3. The company can choose to produce either 40 or 50 items. What is their profit for each case, and which level of production should they choose? Profit when producing 40 items = Profit when producing 50 items =

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