College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
Related questions
Question
The demand for steel has been estimated to be p = 303 − 25x, and the total cost
of producing x units of steel is C(x) = 133 + 53x. (The quantity x is measured in
millions of tons and price and total cost are measured in millions of dollars.).
Determine the level of production and the corresponding price that maximize
profits.
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