Suppose a company finds that its revenue can be modeled by R(q)= 800q and that its cost is modeled by C(q) = 10q+ 400q. Given these functions what quantity will maximize this company's profit? Select one: O 25 O 20 O 10 O 15

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...
Question
Suppose a company finds that its revenue can be modeled by R(q)= 800q and that its
cost is modeled by C(q) = 10q²+ 400q. Given these functions what quantity will
maximize this company's profit?
Select one:
O 25
O 20
10
15
O 5
Transcribed Image Text:Suppose a company finds that its revenue can be modeled by R(q)= 800q and that its cost is modeled by C(q) = 10q²+ 400q. Given these functions what quantity will maximize this company's profit? Select one: O 25 O 20 10 15 O 5
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