Solve the problem. Find the number of units that must be produced and sold in order to yield the maximum profit, given the following equations for revenue and cost: R(x) = 5x C(x) = 0.01x2 +0.8x + 40.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 98E
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Solve the problem.
Find the number of units that must be produced and sold in order to yield the maximum
profit, given the following equations for revenue and cost:
R(x) = 5x
C(x) = 0.01x2 +0.8x + 40.
Transcribed Image Text:Solve the problem. Find the number of units that must be produced and sold in order to yield the maximum profit, given the following equations for revenue and cost: R(x) = 5x C(x) = 0.01x2 +0.8x + 40.
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