If R(x) = -C x² + 300x is a revenue function for x units of a company. The Company estimated D=7 F=7 that the cost (including labor, materials etc.) is RO (D+2) per unit and fixed cost is RO 3500. Find the C=2 maximum profit for the company

If R(x) = -C x² + 300x is a revenue function for x units of a company. The Company estimated D=7 F=7 that the cost (including labor, materials etc.) is RO (D+2) per unit and fixed cost is RO 3500. Find the C=2 maximum profit for the company

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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1. If R(x) = -C x² + 300x is a revenue function for x units of a company. The Company estimated
D=7
F=7
that the cost (including labor, materials etc.) is RO (D+2) per unit and fixed cost is RO 3500. Find the
C=2
maximum profit for the company

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