The monthly profit from the sale of x units of a product is: P = 80x - 0.02x^2 - 15,000 dollars a) what level of production maximizes profit?(Units) b) what is the maximum possible profit?
The monthly profit from the sale of x units of a product is: P = 80x - 0.02x^2 - 15,000 dollars a) what level of production maximizes profit?(Units) b) what is the maximum possible profit?
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter3: Functions
Section3.3: More On Functions; Piecewise-defined Functions
Problem 97E
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The monthly profit from the sale of x units of a product is:
P = 80x - 0.02x^2 - 15,000 dollars
a) what level of production maximizes profit?(Units)
b) what is the maximum possible profit?
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