anonymous
  • anonymous
C (x) =72000 +60x R (x) =200x-x^2/30 find the profit function,level of production that will maximize the profit,the maximum profit.
Mathematics
schrodinger
  • schrodinger
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anonymous
  • anonymous
Yes,Sheg.. First one is Cost function,second one is Revenue function..
anonymous
  • anonymous
what is profit???
anonymous
  • anonymous
i don't know..this question comes from my math's lecturer.. can you help me?

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anonymous
  • anonymous
ok Profit = Revenue - Cost
anonymous
  • anonymous
can you show me the steps to answer this question?
anonymous
  • anonymous
yeah i can just subtract cost function from the revenue function
anonymous
  • anonymous
Sheg,i still have a lot of math question need your help.. Can i ask here too?
anonymous
  • anonymous
hey this question is still not complete
anonymous
  • anonymous
okay,i ask you later.. thanks you..=)
anonymous
  • anonymous
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
anonymous
  • anonymous
the roots of the function will be the max or the min
anonymous
  • anonymous
the derivative that is
anonymous
  • anonymous
also that x value you find is the level of production

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