Suppose a baby food company has determined that its total revenue R for its food is given by R = 23 + 111x? + 1440x where R is measured in dollars and æ is the number of units (in thousands) produced. What production level will yield a maximum revenue? A production level of (80,31: * thousand units will maximize revenue.

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Suppose a baby food company has determined that its total revenue R for its food is given by
R = - x3 + 111æ? + 1440x
where R is measured in dollars and x is the number of units (in thousands) produced. What production level will
yield a maximum revenue?
A production level of (80,31:x thousand units will maximize revenue.
Transcribed Image Text:Suppose a baby food company has determined that its total revenue R for its food is given by R = - x3 + 111æ? + 1440x where R is measured in dollars and x is the number of units (in thousands) produced. What production level will yield a maximum revenue? A production level of (80,31:x thousand units will maximize revenue.
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