Asked by Anonymous

Your manufacturing costs are C(x)= -.0001x2+25x+1200 and the demand for X units of a certain commodity is p(x) =55 – x/1000. What is your maximum revenue and maximum profit?
Answered by Steve
you know about max/min and derivatives, right? what's the problem?

revenue is demand times price
profit is revenue minus cost

you have the formulas. use 'em.
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