Mathematics, 20.02.2020 23:53 jordanmjdmary8571
If C(x) = 18000 + 400x − 2.2x^2 + 0.004x^3 is the cost function and p(x) = 2800 − 7x is the demand function, find the production level that will maximize profit. (Hint: If the profit is maximized, then the marginal revenue equals the marginal cost.)
Answers: 3
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If C(x) = 18000 + 400x − 2.2x^2 + 0.004x^3 is the cost function and p(x) = 2800 − 7x is the demand f...
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