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  • 13-03-2024
  • Mathematics
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If C(x) = 12,000 400x − 4.8x2 0.004x3 is the cost function and p(x) = 4,000 − 9x is the demand function, find the production level (in units) that will maximize profit. (Hint: If the profit is maximized, then the marginal revenue equals the marginal cost.)

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