Question
A manufacturer estimates that when x units of a particular commodity are
produced each month, the total cost (in dollars) will be
C(x) = 1/8x^2+4x+200
and all units can be sold at a price of p(x) = 49 - x dollars per unit. Determine the price that corresponds to the maximum profit
produced each month, the total cost (in dollars) will be
C(x) = 1/8x^2+4x+200
and all units can be sold at a price of p(x) = 49 - x dollars per unit. Determine the price that corresponds to the maximum profit
Answers
Yes
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