A firm can produce only 4400 units per month. The monthly total cost is given by C(x) = 500 + 200x dollars, where x is the number produced. If the total revenue is given by R(x)= 450x%3D100dollars, how many items, x, should the firm produce for maximum profit?X = 12500X itemsFind the maximum profit.$ 1562000Need Help?Read It

we first find the profit function P(x) as P(x)=R(x)-C(x) Now we find the derivative of P(x) and…

A firm can produce only 4400 units per month. The monthly total cost is given by C(x) = 500 + 200x dollars, where x is the number produced. If the total revenue is given by R(x) = 450x - 100 dollars, how many items, x, should the firm produce for maximum profit? x = 12500 X items Find the maximum profit. $ 1562000

A firm can produce only 4400 units per month. The monthly total cost is given by C(x) = 500 + 200x dollars, where x is the number produced. If the total revenue is given by R(x) = 450x - 100 dollars, how many items, x, should the firm produce for maximum profit? x = 12500 X items Find the maximum profit. $ 1562000

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter1: Equations And Graphs

Section: Chapter Questions

Problem 17T

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