Mathematics, 19.04.2022 15:50 ashiteru123
If C(x) = 16000 + 400x − 4.8x2 + 0.004x3 is the cost function and p(x) = 4000 − 9x 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: 1
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If C(x) = 16000 + 400x − 4.8x2 + 0.004x3 is the cost function and p(x) = 4000 − 9x is the demand fun...
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