Solve the problem. Suppose a business can sell x gadgets for p = 250 -0.01x dollars apiece, and it costs the business c(x)-1000+ 25x dollars to produce the x gadgets. Determine the production level and cost per gadget required to maximize profit. O 10,000 gadgets at $150.00 each O 111 gadgets at $248.89 each O 13,750 gadgets at $112.50 each O 12.250 gadgets at $127.50 each O None of the other choices

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 3
Solve the problem.
Suppose a business can sell x gadgets for p = 250 -0.01x dollars apiece, and it costs the business c(x)-1000+ 25x dollars to
produce the x gadgets. Determine the production level and cost per gadget required to maximize profit.
O 10,000 gadgets at $150.00 each
O 111 gadgets at $248.89 each
O 13,750 gadgets at $112.50 each
O 12.250 gadgets at $127.50 each
O None of the other choices
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Transcribed Image Text:Question 3 Solve the problem. Suppose a business can sell x gadgets for p = 250 -0.01x dollars apiece, and it costs the business c(x)-1000+ 25x dollars to produce the x gadgets. Determine the production level and cost per gadget required to maximize profit. O 10,000 gadgets at $150.00 each O 111 gadgets at $248.89 each O 13,750 gadgets at $112.50 each O 12.250 gadgets at $127.50 each O None of the other choices Previous Next >
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