A manufacturer estimates that its product can be produced at a total cost of C(x) = 55,000 + 100x + x dollars. If the manufacturer's total revenue from the sale of x units is R(x) = 5200x 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) = 55,000 + 100x + x dollars. If the manufacturer's total revenue from the sale of x units is R(x) = 5200x 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) = 55,000 + 100x + x3 dollars. If the manufacturer's total revenue from the sale of x units is R(x) = 5200x 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.)
$
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