Alissa G.

asked • 10/10/18

Maximizing profit

A manufacturer produces x items of a product at a total cost of (50-2x) dollars. The demand function for the product is p=100-x. Find the value of x for which the profit is maximum. How much is the maximum profit?

No expert answers yet

Answers can only be accepted by verified, expert tutors.

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.


Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.