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anonymous

  • one year ago

If C(x) = 16000 + 500x − 3.2x^2 + 0.004x^3 is the cost function and p(x) = 2900 − 8x is the demand function, find the production level that will maximize profit. (Hint: If the profit is maximized, then the marginal revenue equals the marginal cost.) I have no idea hot to solve this, please help!

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  1. Loser66
    • one year ago
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    http://faculty.wlc.edu/buelow/calc/ex4-7.html

  2. anonymous
    • one year ago
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    i put 100 for my answer and it was wrong though

  3. anonymous
    • one year ago
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    nvm is not the same problem

  4. Loser66
    • one year ago
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    surely it is wrong since the p(x) is different from the page. You have to solve it with your own p(x) by imitating the steps on the page. NOT copy their answer.,

  5. anonymous
    • one year ago
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    I got 83.35 could you check my answers just so I know i did it right?

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