It has been determined that the demand can be modeled by P = 30/√xAnd the cost of production can be modeled by:C = 2.1x - 142 Where x represents amount in tons. What price in millions of dollars per ton will yield a maximum profit? Kaju Inc. has determined that Godzilla “droppings" are the worlds next energy source!! (its all thatradiation) They have determined that the demand for these droppings can be modeled by,30p =and the cost of producing refining these "droppings" can be modeled by,C = 2.1r – 142where x represents the amount of droppings in tons. What price, in millions of dollars, for refined Godzilla“droppings" per ton will yeild a maximum profit?

Given the demand model : p=30x The cost - model is : C=2.1x-142 where x is in tons. We need to find…

Answered: Kaju Inc. has determined that Godzilla…

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...

See similar textbooks

Related questions

Question

It has been determined that the demand can be modeled by P = 30/√x And the cost of production can be modeled by: C = 2.1x - 142 Where x represents amount in tons. What price in millions of dollars per ton will yield a maximum profit?

Kaju Inc. has determined that Godzilla “droppings" are the worlds next energy source!! (its all that
radiation) They have determined that the demand for these droppings can be modeled by,
30
p =
and the cost of producing refining these "droppings" can be modeled by,
C = 2.1r – 142
where x represents the amount of droppings in tons. What price, in millions of dollars, for refined Godzilla
“droppings" per ton will yeild a maximum profit?

Expert Solution

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Inequality$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.

Similar questions