t is known that the total cost function incurred by a company is expressed by C = Q3 - 118Q2 + 2630Q + 4000, while the total revenue function is expressed by R = -4Q2 + 2000Q, where Q is the number of goods. Write the profit function, then determine the maximum profit. %3D

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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It is known that the total cost function incurred by a company is expressed by C = Q3
2630Q + 4000 , while the total revenue function is expressed by R
Q is the number of goods. Write the profit function, then determine the maximum profit.
118Q? +
-4Q2 + 2000Q, where
%3D
%3D
Transcribed Image Text:It is known that the total cost function incurred by a company is expressed by C = Q3 2630Q + 4000 , while the total revenue function is expressed by R Q is the number of goods. Write the profit function, then determine the maximum profit. 118Q? + -4Q2 + 2000Q, where %3D %3D
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