A manufacturer estimates that its product can be produced at a total cost of C(x) = 45,000 + 100x + x3 dollars. If the manufacturer's total revenue from the sale of x units is R(x) = 5800x dollars, determine the level of production x that will maximize the profit. (Round your answer to the nearest whole number.) units Find the maximum profit. (Round your answer to the nearest dollar.) $
A manufacturer estimates that its product can be produced at a total cost of C(x) = 45,000 + 100x + x3 dollars. If the manufacturer's total revenue from the sale of x units is R(x) = 5800x dollars, determine the level of production x that will maximize the profit. (Round your answer to the nearest whole number.) units Find the maximum profit. (Round your answer to the nearest dollar.) $
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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![A manufacturer estimates that its product can be produced at a total cost of C(x) = 45,000 + 100x + x3 dollars. If the manufacturer's total revenue from the sale of x units is R(x) = 5800x dollars, determine the
level of production x that will maximize the profit. (Round your answer to the nearest whole number.)
units
Find the maximum profit. (Round your answer to the nearest dollar.)
2$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff3e466e0-690e-4d99-9c67-cebe5f2c4867%2F5db604ff-c447-4bbe-910f-dbbd155eda21%2Fqfw0l37_processed.png&w=3840&q=75)
Transcribed Image Text:A manufacturer estimates that its product can be produced at a total cost of C(x) = 45,000 + 100x + x3 dollars. If the manufacturer's total revenue from the sale of x units is R(x) = 5800x dollars, determine the
level of production x that will maximize the profit. (Round your answer to the nearest whole number.)
units
Find the maximum profit. (Round your answer to the nearest dollar.)
2$
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