n the cost department of a certain company, it has been established that the total marginal costs are given by 36x + 720 and that the marginal income is given by -12x + 1440, where x is the number of units produced and sold. Total costs are known to be 253,000 pesos when 100 units are produced and sold. Consider that when there is no production and sale of units, the total income is zero. Determine the maximum profit.
n the cost department of a certain company, it has been established that the total marginal costs are given by 36x + 720 and that the marginal income is given by -12x + 1440, where x is the number of units produced and sold. Total costs are known to be 253,000 pesos when 100 units are produced and sold. Consider that when there is no production and sale of units, the total income is zero. Determine the maximum profit.
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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In the cost department of a certain company, it has been established that the total marginal costs are given by 36x + 720 and that the marginal income is given by -12x + 1440, where x is the number of units produced and sold. Total costs are known to be 253,000 pesos when 100 units are produced and sold. Consider that when there is no production and sale of units, the total income is zero. Determine the maximum profit.
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