Mathematics, 20.07.2020 01:01 caitlinwillie3223
If C(x) = 16000 + 600x − 1.8x2 + 0.004x3 is the cost function and p(x) = 4200 − 6x 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: 2
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If C(x) = 16000 + 600x − 1.8x2 + 0.004x3 is the cost function and p(x) = 4200 − 6x is the demand fun...
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