5. A company has found that its weekly profit from the sale of x thousand hula hoops is given by P(x) = -0.02x³ + 600x - - 20,000 Production bottlenecks limit the number of hula hoops that can be made per week to no more than 150, while a long-term contract requires that at least 50 hula hoops be made each week. Find the maximum possible weekly profit that the firm can make.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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5. A company has found that its weekly profit from the sale of x thousand hula hoops is
given by
P(x) = −0.02x³ + 600x − 20,000
Production bottlenecks limit the number of hula hoops that can be made per week to no
more than 150, while a long-term contract requires that at least 50 hula hoops be made
each week. Find the maximum possible weekly profit that the firm can make.
Transcribed Image Text:5. A company has found that its weekly profit from the sale of x thousand hula hoops is given by P(x) = −0.02x³ + 600x − 20,000 Production bottlenecks limit the number of hula hoops that can be made per week to no more than 150, while a long-term contract requires that at least 50 hula hoops be made each week. Find the maximum possible weekly profit that the firm can make.
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