A product is sold at RM5 a unit. The total cost fimction is given as A. 2000 C(x) 60+1.2x+0.001x where x is the level of output. Find the level of output B. 1700 which will maximize profit. C. 1900

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A product is sold at RM5 a unit. The total cost fimction is given as
A. 2000
C(x) 60+1.2x+0.001x where x is the level of output. Find the level of output
B. 1700
which will maximize profit.
C. 1900
D. 1800
Transcribed Image Text:A product is sold at RM5 a unit. The total cost fimction is given as A. 2000 C(x) 60+1.2x+0.001x where x is the level of output. Find the level of output B. 1700 which will maximize profit. C. 1900 D. 1800
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