The cost (in dollars) of producing x corkboards is given by x2+20x+500, while the price (in dollars) of each corkboard if there is a demand for x units is given by p(x) = 100 -x. 1. Find the marginal profit producing and selling 15 corkboards. 2. At what production level is the profit at a maximum?
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The cost (in dollars) of producing x corkboards is given by x2+20x+500, while the price (in dollars) of each corkboard if there is a demand for x units is given by p(x) = 100 -x.
1. Find the marginal profit producing and selling 15 corkboards.
2. At what production level is the profit at a maximum?
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