A firm has monthly average costs, in dollars, given by C = 41,000 x + 300 + x where x is the number of units produced per month. The firm can sell its product in a competitive market for $1900 per unit. If production is limited to 250 units per month, find the number of units that gives maximum profit. x = units Find the maximum profit. $
A firm has monthly average costs, in dollars, given by C = 41,000 x + 300 + x where x is the number of units produced per month. The firm can sell its product in a competitive market for $1900 per unit. If production is limited to 250 units per month, find the number of units that gives maximum profit. x = units Find the maximum profit. $
Chapter7: Rational Expressions And Functions
Section7.5: Solve Applications With Rational Equations
Problem 7.106TI: Xander’s new business found that the daily demand for its product was inversely proportional to the...
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A firm has monthly average costs, in dollars, given by
C =
+ 300 + x
| 41,000 |
| x |
where x is the number of units produced per month. The firm can sell its product in a competitive market for $1900 per unit. If production is limited to 250 units per month, find the number of units that gives maximum profit.
x = units
Find the maximum profit.
$
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