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Asked by Noor

The profit function of a company can be represented by p(x) = x –0.00001x2, where x is unit
sold. Find the optimal sales volume and the amount of profit to be expected at that volume.
4 years ago

Answers

Answered by oobleck
max p(x) occurs at the vertex of the parabola, which is at
x = -b/2a = 1/0.00002 = 50,000
4 years ago

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