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)​, of producing x units are in dollars.   R(x)=3x​, C(x)=0.05x2+0.3x+4   What is the production level for the maximum​ profit?

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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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)​, of producing x units are in dollars.
 
R(x)=3x​, C(x)=0.05x2+0.3x+4
 
What is the production level for the maximum​ profit?
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