8(b) A company is famous for making chocolate "Timmy Toad' lollies. Let z be the quantity produced per week (in hundreds of chocolates), and let C(r) and R(r) be the cost and revenue functions, respectively, given by 1 R(x) = 300r—-—-r². 50 C(x) = 5000+200- 50 300 How many Timmy Toads (to the nearest hundred) should the company produce per week to maximise their profit?

Algebra and Trigonometry (6th Edition)
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ChapterP: Prerequisites: Fundamental Concepts Of Algebra
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8(b) A company is famous for making chocolate ‘Timmy Toad' lollies. Let î
be the quantity produced per week (in hundreds of chocolates), and let
C(r) and R(x) be the cost and revenue functions, respectively, given
by
11
50
1
300
+
1
50
C(r) = 5000+200c-
R(x) = 300x-
How many Timmy Toads (to the nearest hundred) should the company
produce per week to maximise their profit?
Transcribed Image Text:8(b) A company is famous for making chocolate ‘Timmy Toad' lollies. Let î be the quantity produced per week (in hundreds of chocolates), and let C(r) and R(x) be the cost and revenue functions, respectively, given by 11 50 1 300 + 1 50 C(r) = 5000+200c- R(x) = 300x- How many Timmy Toads (to the nearest hundred) should the company produce per week to maximise their profit?
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