The equation of the profit of a certain business is P = A - B where A is the income obtained from selling a product expressed in terms of thousand demand of the product (D) : A = D³ - 3D + 4 . B is the cost of production expressed in terms of thousands demands (D) : B = D² - 1. What demand will maximize the profit?

The equation of the profit of a certain business is P = A - B where A is the income obtained from selling a product expressed in terms of thousand demand of the product (D) : A = D³ - 3D + 4 . B is the cost of production expressed in terms of thousands demands (D) : B = D² - 1. What demand will maximize the profit?

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

ChapterB: Differential Calculus Techniques In Management

Section: Chapter Questions

Problem 5E

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