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Find the maximum profit if the revenue and cost functions are given by the following equations: R = 240x - x^2 and C = 60x +2500.?

Science & Mathematics by Anonymous 2018-06-09 04:31:37

Social Science

Find the maximum profit if the revenue and cost functions are given by the following equations: R = 240x - x^2 and C = 60x +2500.?

1 answer

  • Anonymous

    Profit = P = R - C = 240x-x^2-60x-2500 = 180x-x^2-2500 dP/dx = 180-2x = 0 for maximum profit x = 90 P(90) = 5600 currency units

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