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April 20, 2014

Homework Help: ISBM

Posted by Nitish on Saturday, July 20, 2013 at 9:59am.

The price P per unit at which a company can sell all that it produces is given by the
function P(x) = 300 4x. The cost function is c(x) = 500 + 28x where x is the number
of units produced. Find x so that the profit is maximum.

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