The profit function for a certain commodity is P(x)=120x-x²-1100. Find the level of production that yields maximum profit, and find the maximum profit. Production levels of 120 yields a maximum profit of $1,100. Production levels of 120 yields a maximum profit of $2,500. Production levels of 60 yields a maximum profit of $6,040. Production levels of 60 yields a maximum profit of $3,600. Production levels of 60 yields a maximum profit of $2,500.
The profit function for a certain commodity is P(x)=120x-x²-1100. Find the level of production that yields maximum profit, and find the maximum profit. Production levels of 120 yields a maximum profit of $1,100. Production levels of 120 yields a maximum profit of $2,500. Production levels of 60 yields a maximum profit of $6,040. Production levels of 60 yields a maximum profit of $3,600. Production levels of 60 yields a maximum profit of $2,500.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section1.8: Interpreting Graphs Of Functions
Problem 4CYU
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![The profit function for a certain commodity is P(x) = 120x-x²-1100. Find the level of production that
yields maximum profit, and find the maximum profit.
Production levels of 120 yields a maximum profit of $1,100.
Production levels of 120 yields a maximum profit of $2,500.
Production levels of 60 yields a maximum profit of $6,040.
Production levels of 60 yields a maximum profit of $3,600.
Production levels of 60 yields a maximum profit of $2,500.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fadec6c6e-501b-48cc-a2bc-9a336b200c25%2F8de2af58-3302-4431-b8e5-cf7d3ca35569%2Fldahk3m_processed.png&w=3840&q=75)
Transcribed Image Text:The profit function for a certain commodity is P(x) = 120x-x²-1100. Find the level of production that
yields maximum profit, and find the maximum profit.
Production levels of 120 yields a maximum profit of $1,100.
Production levels of 120 yields a maximum profit of $2,500.
Production levels of 60 yields a maximum profit of $6,040.
Production levels of 60 yields a maximum profit of $3,600.
Production levels of 60 yields a maximum profit of $2,500.
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