Question

The annual revenue and cost functions (in dollars) for the
manufacture of dining room sets are approximately
R(x) = 500x − 0.02x^2
and
C(x) = 160x + 100, 000
where x denotes the number of dining room sets made. What is the
maximum annual profit? Use the second derivative test to show that you
have a maximum

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Calculus

Applications of Derivative

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