Given revenue and cost functions R(q)=80q−0.3q2 and C(q)=14q+550, find the quantity when profit is maximized. The quantity is enter your response here items. (Round answer to nearest item.)
Given revenue and cost functions R(q)=80q−0.3q2 and C(q)=14q+550, find the quantity when profit is maximized. The quantity is enter your response here items. (Round answer to nearest item.)
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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Question
Given revenue and cost functions
R(q)=80q−0.3q2
and
C(q)=14q+550,
find the quantity when profit is maximized.The quantity is
enter your response here
items.
(Round answer to nearest item.)
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