Got Homework?
Connect with other students for help. It's a free community.
Here's the question you clicked on:
 0 viewing
C (x) =72000 +60x
R (x) =200xx^2/30
find the profit function,level of production that will maximize the profit,the maximum profit.
 one year ago
 one year ago
C (x) =72000 +60x R (x) =200xx^2/30 find the profit function,level of production that will maximize the profit,the maximum profit.
 one year ago
 one year ago

This Question is Open

LavineLimBest ResponseYou've already chosen the best response.0
Yes,Sheg.. First one is Cost function,second one is Revenue function..
 one year ago

LavineLimBest ResponseYou've already chosen the best response.0
i don't know..this question comes from my math's lecturer.. can you help me?
 one year ago

shegBest ResponseYou've already chosen the best response.0
ok Profit = Revenue  Cost
 one year ago

LavineLimBest ResponseYou've already chosen the best response.0
can you show me the steps to answer this question?
 one year ago

shegBest ResponseYou've already chosen the best response.0
yeah i can just subtract cost function from the revenue function
 one year ago

LavineLimBest ResponseYou've already chosen the best response.0
Sheg,i still have a lot of math question need your help.. Can i ask here too?
 one year ago

shegBest ResponseYou've already chosen the best response.0
hey this question is still not complete
 one year ago

LavineLimBest ResponseYou've already chosen the best response.0
okay,i ask you later.. thanks you..=)
 one year ago

AwstinfBest ResponseYou've already chosen the best response.1
Take the derivative of of profit, set the derivative equal to zero then do an increasing decreasing test to see whether or not you got a max or a min, usually it will be a max anyways but its always good to show your work
 one year ago

AwstinfBest ResponseYou've already chosen the best response.1
the roots of the function will be the max or the min
 one year ago

AwstinfBest ResponseYou've already chosen the best response.1
the derivative that is
 one year ago

AwstinfBest ResponseYou've already chosen the best response.1
also that x value you find is the level of production
 one year ago
See more questions >>>
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.